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Old 12-15-2009, 11:41 PM
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Yoda Yoda is offline
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Originally Posted by 12 piece bucket View Post
http://sportsbybrooks.com/nikes-phil...nor-blip-27387

Hmmmmmmm . . . .



Maybe I minor blip for YOU Philemon . . . . not no blip to me . . . .and probably won't be a minor blip to your bottom line in the next 2 or 3 years.

Clown . . . . Stand by your man . . .
Nike sells product.

Accenture sells trust.

Therein lies the difference.

I respect -- and EXpect -- Chairman Phil to 'bull' his position. Nevetheless . . .

With the gap-open end-September breakout (on earnings), two subsequent failed break-outs, lackluster Q-over-Q earnings comparisons, negative historical and forward quarterly sales and growth comparisons, institutional investors (mutual funds) pulling out (-8% before the news), not to mention an extended general market and its main man (and industry) in trouble, NKE at 65 seems a pretty good short. [For the squeamish: Cover at 58 and head toward your nearest financial guru website. LOL!]



http://www.investors.com/StockResear...spx?symbol=NKE
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