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Non-Tech : Tommy Hillfiger 1997 (TOM)

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To: J. M. who wrote (73)5/29/1997 11:35:00 AM
From: chien wong   of 183
 
jm:
Merrill Lynch said it initiated coverage of Tommy Hilfiger as a near term accumlate and a long term buy today in the morning. that
is just two trading days before tom's earnings. merrill lynch got
balls to initiated coverage before earnings .that means they must know
something positive and also morgan stanley did the same yesterday. they must be
very positive on tom's upcoming earnings, otherwise why not come out
later after tom's earnings and annouce their ratings on tom and save face.
bought more shares today based on tommy's excellent management and their expandion to europe.

chien
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