John Shanley Quotations

We?re here tonight thinking about Cindy Sheehan and how she needs support. Perhaps the president can come out at some point and explain to her how come her son died.

We're hearing that Nike is going to match or exceed the 145 million euros Adidas is going to spend for World Cup events.

Nobody's really busting the doors down to buy women's apparel this fall selling season. Women's dress and casual footwear is probably the strongest I've seen in a good six or seven years.

Retailers were a little nervous, quite frankly, in putting a bigger stake of their commitments into Reebok,

There is probably, if anything, a shortage of availability of styles.

With its market dominance it should trade at a premium to the industry. But right now, investors are thinking about Adidas and are concerned about Nike's international prospects. So a cap has formed on Nike's trading range.

We are downgrading our rating on the stock due to our belief that the company's international prospects were likely weaker in 3Q than we had previously anticipated.

We knew Europe and Asia-Pacific (future orders) would be difficult, but not to the extent the company just reported.

We feel these guys have really got an opportunity.

The business prospects on the international front continue to become more and more important for Nike.

This clearly, in our opinion, will lead to a much more serious competitive environment than the industry has been exposed to in probably the last five years.

They are attuned to fashion nuances in Europe. Also, Timberland is perceived as something of a luxury product in Europe and Asia,

They really have tried to have a very different product, and they had to do that simply because Nike is such a huge force in the marketplace, with about a 44 percent of market share in this country.

They (Reebok) got a wake-up call in terms of Nike's announcement in terms of recognizing the need to improve the fashion content of their apparel business.

Strong consumer interest in higher-priced athletic shoes is leading to slackening interest in Timberland's fashion products.

They clearly came in stronger than we expected. The marquee footwear line has been very strong.

But internationally, Nike has been stumbling. European retailers are looking for much more modest price points, and that hasn't been Nike's strength.

I don't think there's any question they are going to pick up some market share position in the back half of the year and the spring of 2001, ... The reason for that is a significant improvement in terms of the styling content of their product line. We're seeing a renewed consumer interest in athletic footwear overall, and they're filling a fairly large void in the marketplace right now.