CROX
Someone brought this up a while ago. Since we're buying tomorrow, I thought I'd bring it back up as one we can discuss and vote on.
I know that crocs are not brand new, but if this is the year that many people hear of them for the first time, they could have great Christmas sales. Personally I think the clog things are not very attractive, but the company is expanding their products somewhat. They have flip-flops and boots (along with other non-footwear apparel featuring their logo). I haven't formed an opinion on their Rx models.
One negative is that their product might be a fad. I'll talk about that at the meeting.
I think this is a good stock for a high risk, high reward position.
I know that crocs are not brand new, but if this is the year that many people hear of them for the first time, they could have great Christmas sales. Personally I think the clog things are not very attractive, but the company is expanding their products somewhat. They have flip-flops and boots (along with other non-footwear apparel featuring their logo). I haven't formed an opinion on their Rx models.
One negative is that their product might be a fad. I'll talk about that at the meeting.
I think this is a good stock for a high risk, high reward position.
posted by Doug at 8:09 PM
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Forgot to add - starting in January they're going to sell University-specific shoes online. If they aren't in University bookstores right now, then this should be a positive for sales.
http://www.crocs.com/products/college.jsp
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