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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Juan Dominguez who wrote (7)11/20/1996 1:16:00 PM
From: Juan Dominguez   of 1028
 
GREAT NEWS TODAY!! ANYBODY WATCHING THIS!!???

RANCHO SANTA MARGARITA, Calif., Nov 20 (Reuter) - L. L.
Knickerbocker Co Inc said Wednesday it expects fourth quarter
revenues to increase to $20 million, up from $4 million last
year.

"The fourth quarter of 1996...will mark the beginning of
the projected quarter by quarter growth in the company's core
business toward achieving its current annualized revenues
projection of $80 million for fiscal 1997," said Chairman Louis
Knickerbocker.

L.L. Knickerbocker also said it acquired over 80 percent of
<Georgetown Collection Inc> and its Magic Attic Press Inc
subsidiary for $1.68 million in restricted stock.

Georgetown, which develops porcelain dolls, and Magic Attic
have combined estimated annual sales of $35 million and assets
of $16 million, L.L. Knickerbocker said.

L.L. Knickerbocker develops celebrity-endorsed products.

-- New York Newsdesk 212-859-1610

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