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| TBL - Timberland Company | Week Ended: 1/13/01 |
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| Price |
67.44 |
P/E Ratio |
26 |
52 Week High |
68.25 |
| Last Week |
+ 3.63 |
Earnings Date |
1/18/01 |
52 Week Low |
18.13 |
| Picked At |
73.25 |
Date Picked |
1/4/01 |
Sector |
Consumer Cyclical |
| Activity |
| Current |
67.44 |
Open |
68.00 |
Change |
-3/16 |
| Low |
66.88 |
High |
68.19 |
Volume |
215,300 |
ZACKS | NEWS | PROFILE | HISTORICAL PRICES | OPTIONS | D-CHART |
| Company Description The Timberland Company designs, develops, engineers,markets and distributes premium-quality footwear, apparel and accessories for men, women and children. For the nine months ended 9/29/00, revenues rose 19% to $760.9M. Net income before extra. item rose 83% to $83.2M. Results reflect increased footwear, apparel and accessories unit sales and improved retail store sales. Earnings also reflect higher margins due to reduced manufacturing costs.
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| Play Description January 7, 2001
Fear gripped the markets on Friday due to earnings warnings and concerns about the economic consequences of the growing California utility crisis. Traders used these events to justify selling shares across the board, severely damaging the historic rally we saw on Wednesday. Retailers were unable to maintain their momentum, thus we were stopped out of our Timberland play. The stock did find some good support just above $65.00 and may enter a period of consolidation that could enable it to stage another rally.
Picked on January 4th @ $73.25
Profit/Loss -5.25 (-7.00%) (Stopped Friday @ $68.00)
Best Profit +1.00 (1.00%)
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