Andrew Horowitz

How To Survive the Market Sinkhole

Cyclops:

Use both your eyes and see the date of this and then look at my posts after and you will see how as time and info changed, we moved the advice. THINK before you comment...I wrote DOZENS of posts to help you get out of financials....

But, your comment is very helpful...

Andrew

Zumiez: Cashing In on Its Customers' Whims

Boris, the ZUMZ SS sales were rather nice. We continued to buy into the position through out the 8ish move and have a 7ish profit now. Again, my thought on this company will be posted by end of day and the latest info will be show, let me know your thoughts on it please.

Zumiez: Cashing In on Its Customers' Whims

Maybe you have not read the ZUMZ. I have pointed out SEVERAL areas of concern with that stock. Maybe it was the post title? BUT READ THE POST and you will see I am not bandwagoning. Come on Boris, you need to look at it closer.

Did you read one of the items that I cautioned: "ZUMZ is overvalued as compared to these standard ratios, yet the company is growing nicely beyond its competition. The estimates are for 35% earnings growth for FY2008 and 37% for FY2009. Investors will need to pay up for the opportunity."

There were several others too. I like stock for longer term, but to say bandwagoning? Come on.

I will not compare CROX to this....just not comparable.

Zumiez: Cashing In on Its Customers' Whims

ZUMZ has less reliance on one product line. Even though Crox is HOT and they are expanding to new styles, it is still just shoes and really one product that is capturing all the attention. BUT, note that I am not so excited here and not saying it is a BIUY BUY BUY by any means. In fact, if you read I send cautionary notes out throughout the post.

One more thing, while I have agreed that CROX shareholders are cashing in now (as are the insiders) I do not see the long term ability for them to continue on this growth trajectory.

Also, one more thing, not sure what CROX actually has to do with ZUMZ in the first place. DIVERSIFY my friend. There are plenty more opportunities out there. (not saying you should sell, just look around - not just down at those comfy orange things) :-)

I am sure there is some witty reply to this, but again, I am befuddled as to why I am even replying to the comparison. Is a comparison of CROX to IBM next?

Andrew