The bad news is that KSWS had a net loss for the thirdquarter ended Sep. 30 of $2,884,000 against income of $1,066,000, revenues fell24% to $70,633,000 compared to 92,629,000 and futures fell 32% to $67,996,000from $100,076,000. Domestic orders were down 37% to $23.1 million andinternational orders declined 29% to $44.9 million. For the year, KSWS expectsa loss of $0.70-80 per share ($26.2 mm) on sales of $230-240 million.

The good news is that KSWS believes it can grow boththe tubes running shoe business and the recent Palladium acquisition intosubstantial franchises that will put the company back into a growth mode by2011. ... Log in to view full article.