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Non-Tech : DESIGNER HOLDINGS

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To: Michael Berkowitz who wrote (25)	4/8/1997 11:31:00 PM
From: Michael Collins	of 86

I believe I read on Zack's somewhere a week or so ago where an analyst cut his rating on DSH and stated long-term earnings would grow around 15% annually. Well let's see, I believe DSH said earnings this year would be somewhere around the .90 to $1 range. Surely this one will see at least $14 by year end based on those figures! I'm just holding on to my position for now, will buy more in a few months cause it will probably be a while before people put some faith in the stock. Long-term this one should still be a winner. I think long-term they could grow earnings in the 20% range, then who knows what target we could see. Sincerely, Michael Collins

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