SKECHERS USA INC (SKX)

tomtuo (35.30) Submitted: 7/25/08 4:19 PM : Start Price: $17.95 SKX Score: -2.54

Growth in a difficult environment. 9 forward p/e. Strong international presence that is growing 30-50% this year. Trading at 5% above tangible book value. Last time the stock traded below tangible book value was years ago, and the company was at break even. Limited fashion risk.

Seemed like the stock over-reaced to the quarter. I bought today (7/25/2008)

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