Originally Posted by 12 piece bucket
|
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