Word: reebok
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...pictures depict a white male wearing a jacket with Harvard and Reebok logos and a U. Mass...
...past year, Reebok has been selling a women's running shoe with a name--Incubus--that inspires fear rather than fleetness. Incubus is a mythical demon that rapes sleeping women. Reebok says no one has complained; in fact, the shoe has sold better than expected...
...with power--as did brash dealmakers in the power seats of the '80s. Consider this year's losers list, announced last week. Sure, it has some real dogs, such as struggling Apple Computers Inc. and Stride Rite, a worn-out shoe company. But CalPERS also stepped on sneaker company Reebok. This is odd, given that Reebok's stock has doubled in 10 months and beaten the market averages handily in the past year. That's not all: Reebok shares have risen an average annual 29% since the bull market began in October 1990--outdistancing the average stock, which has risen...
...Reebok is one of the worst of some 1,500 stocks in CalPERS' portfolio, god bless 'em. They could teach Warren Buffet a thing or two. Have they no Woolworths? The company hasn't been worth a dime in a decade. Times-Mirror trades below its 1987 peak. Bethlehem Steel has been pure lead for years. I don't know if CalPERS owns those awful stocks. The point is that real losers are out there. Dumping on Reebok is like saying you don't want Shaq on your team because he isn't Michael Jordan. Reebok founder and CEO Paul...
...REEBOK The shoemaker is tied up in knots over a celebrity endorsement that was cut from Jerry Maguire...