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For the nine months ended 10/2/99, net sales fell 5% to $91.8M. Net income fell 78% to $343K. Revenues reflect the absence of $1.4M in shipments of consumer rainwear & the discontinued use of handcrafted bottoms in L.L. Bean's Bean Boot line. Earnings also reflect an increase in distribution expenses.

I just saw in NASDAQ.COM that BOOT is in the Ten Most Advanced. Currently, the price is $5.5.


I am going to look at thier annual report.


Musher
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No. of Recommendations: 0
We bought a few months ago because we felt the stock was punished too harshly for the bad Q. Figured either the price would recover or the company would become an attractive takeover candidate. Today's action leads me to believe the latter. This is my husband's 'pick' and I believe the strong balance sheet attracted him. Happy hunting!! I managed to get more today at 4 5/16.

Teri
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