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The Company operates in the footwear industry. Its current activities include the operation of retail shoe stores and the sourcing and marketing of footwear for women, men and children.
Stock prices for shoe companies have been doing very poorly in the past 6 months or so. For many of these companies, there is little basis for this drop in price - instead, prices are just mimicking the industry. I think BWS is undervalued because of this effect, and is due for an appreciation sometime in the future.
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