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TV Timeout: Should I Pay Or Should I Go?
March 31, 2014 02:39 PM
SHOE SHOPPING: CNBC's Jim Cramer said of Finish Line's financials, "Despite all the worries about hideous cold weather and people no longer going to the shopping mall, Finish Line delivered some strong numbers" and the company's management "gave solid guidance." Cramer: "Now Finish Line isn’t just a shoe store chain with a healthy growth story, it's also a terrific way to get a read on the much larger footwear and athletic apparel markets. The stock is up about 40% over the last 12 months, but if the consumer is really feeling better, than I could see this going higher." Finish Line Chair & CEO Glenn Lyon said, "The big issue in our company is to be omni-channel, to be wherever, whenever, however the customer wants us, whether it's digitally or through the brick and mortar stores. I think we've hit a good stride here" ("Mad Money," CNBC, 3/28).
DOWN ON THE FARM: Author John Feinstein appeared on PBS' "Charlie Rose" Friday evening to promote his latest book, "Where Nobody Knows Your Name." Charlie Rose said the book "takes us behind-the-scenes of life in the minor leagues of baseball." Feinstein said these players, despite being in the minor leagues, have "beaten the odds" to get there. Feinstein said the "way I got the title for this book" was because former Cubs P Mark Prior was attempting a comeback playing for the Triple-A Int'l League Pawtucket Red Sox and as he was coming into the game to pitch as a reliever, "nobody in the ballpark notices" because fans are engrossed over a promotion called "Whack An Intern." Feinstein: "That's where I got the name. I said, 'Nobody knows your name here no matter who you once were'" ("Charlie Rose," PBS, 3/28).