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Non-Tech : Donna Karan

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To: Mike Helferd who wrote (24)3/6/1997 8:26:00 PM
From: Mike Yiu   of 114
 
I don't think DK will fall below 10. It's rebounding today to 11 5/8. The market is over-reacting to the latest news. DK products are still strong and are getting more popular among youth, especially in the West Coast, Pacific Rim and Japan. And they've also increased their distribution channels and getting more floor space as well in major department stores like : Macy, Bloomingdales, Saks Fifth, etc.

I am still waiting for their latest Quarter report. Do you know when it's coming out? If they can show a strong revenue increase, I believe the stock price will goes up quickly to the high teens.

IMO, DK is a good long term investment. Good luck to all of DK shareholders.
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