I know Lew Frankfort will take umbrage with this, but
was hot and Deckers ran out of room.
Deckers - that was because of
and that was a viral product too.
They entered a men's line with Tom Brady. They won't admit that it's a flop. They'll tell you, "Listen, it's early..." These are companies that have run out of steam. It's okay. It's not a typewriter company. It's not going to go away. It's just that this inconsistency is not ownable. This stock is not ownable. I don't want to play the bounce.
Right. Some people look at it sometimes and think, "Well you know
was a dead stock too and it come back." but it didn't really.
It took a long time.
took a long time. Coach just reported a bad number. You don't get a fix in six hours. I think even though it's tempting to play the bounce, I don't want to touch it.
All right, so don't touch Coach folks.
--Written by Debra Borchardt in New York.
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