tag:blogger.com,1999:blog-2335748440449035592.post3141280670251288852..comments2007-08-16T10:01:39.936-04:00Comments on Fund My Mutual Fund: Sold small position in Coach (COH)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-81836899228448735672007-08-16T10:01:00.000-04:002007-08-16T10:01:00.000-04:00I totally agree on the exposure to China. But tha...I totally agree on the exposure to China. But that is a long term trend vs the near term 'panic' and Coach's current exposure to US consumer and Japan is currently larger than China exposure. For the long term story, I agree 100% and expect to be revisiting Coach in the relatively near future. Thanks for your commentTraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-43088198042142821082007-08-16T08:17:00.000-04:002007-08-16T08:17:00.000-04:00You are missing the 1.3 Billion people in China th...You are missing the 1.3 Billion people in China that wish to have a "status symbol". I can assure you...while traveling to Italy last summer with a group from Taiwan all they wanted to do was shop for Louis V vs enjoy Italy. The asian exposure is just starting with Coach and even if 1/3 of 1.3 Billion in China could afford to purchase...that is significant revenue for the handbag maker. Rest of World ROW will push this button NOT the US. Hell all we do is borrow and spend and I honestly believe 90% of US citizens have forgotten how to save!Anonymousnoreply@blogger.com