Maple Leafs Abstain NHL Rights Deal Vote MLS To Announce '14 All-Star Game Details CFP Committee Members Defend Rice's Inclusion Twitter Me This.... Anderson Leaving NFL At Season's End MLS Dynamo To Operate NWSL Team Landmark Status Sought For Astrodome Steiner Activates Around "Bronx Bombers" NBA TV, FS Indiana Set Records United Airlines Renews As Arena Sponsor
SBD/1/Sponsorships Advertising Marketing
IN-LINE STOCK A TOUGH PICK FOR INVESTORS
Published May 1, 1995
Although in-line skating "is one of the fastest growing sports," it is "not an easy play for investors," according to this morning's N.Y. TIMES. Rollerblade, the industry market leader, is a private company, but Minneapolis-based First Team Sports "offers nearly a pure play in skate, but raises this question: Is there more room for its stock to appreciate?" First Team has about 14% of the market, and analysts who recommend the company's stock say it is in a good position to "continue to benefit from skating's popularity." First Team shares reached a high of $26 six weeks ago, on sales of more than $85.5M. Mark Leslie, a leisure and entertainment analyst for Dain Bosworth, a Minneapolis brokerage firm, believes the company will see 30% sales growth to $108M (Andrea Adelson, N.Y. TIMES, 5/1). NIHA SIGNS UP A PAIR: The National In-Line Hockey Association (NIHA) announced that Houston-based Oshman's Sports Goods and Supersports USA have become members of the NIHA Preferred Retailer Program. NIHA also signed a sponsorship agreement with stick manufacturer Power-Flite Corp. The agreement will allow Power-Flite to promote their aluminum sticks at the NIHA league level (NIHA).