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Coach, National Semi In 9th Week Of Bases.(B)(NYSE STOCKS IN THE NEWS)

Investor's Business Daily

| February 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nancy Gondo

Coach is working on the right side of a base it's been shaping for nine weeks after hitting a new high Dec. 1. The luxury leather goods maker closed below its 50-day moving average Jan. 9, but is close to reclaiming the trend line after two straight up days. It's 13% off its high.

Sales growth, while still strong, slowed the past three quarters from 36% to 35% to 34% to 33%. It's expected to hold at 32% the next two quarters. Coach's Overall Rank as tracked by Stock Checkup puts it 14th in its 64-stock Retail-Clothing/Shoe group. Its Technical and Attractiveness Ratings are a C, but it scores an A+ for Fundamental Rating. Rising ...

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