ANALYSTS SAYS NIKE STOCK BACK ON THE UPSWING

          While Nike stock "took a dip earlier this year as
     analysts downgraded it," the company "appears to be picking
     itself up and starting to run again," according to Graham
     Fysh in the Tacoma NEWS TRIBUNE.  Nike stock "slid" from a
     high of $76.375 reached in mid-February down into the $50s,
     as Nike said it expected earnings for the fourth quarter to
     fall below the $.69 per share analysts had been estimating. 
     Fysh adds that now investors "are looking beyond the fourth
     quarter," into the first quarter of the next fiscal year. 
     Fysh: "Clearly they are concluding that Nike's problems are
     short-term and that the stock could start climbing toward
     its previous high again.  So they see the stock as depressed
     and as a buy."  Nike gained $1.25 Monday, and $1.125 Tuesday
     to close at $58.125 (Tacoma NEWS TRIBUNE, 6/11).