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Non-Tech : Polo, Ralph Lauren (RL)
RL 309.19-1.8%Nov 4 3:59 PM EST

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To: mph who wrote (87)8/20/1997 3:27:00 PM
From: DRL   of 169
 
RESEARCH ALERT - Polo Ralph Lauren started

NEW YORK, Aug 20 (Reuter) - Furman Selz said on Wednesday it started coverage of Polo
Ralph Lauren Corp, adding it the recommended list because the stock's multiple had become more
attractive.

Analyst Kimberly Walin said in a research note her fiscal 1997 earnings esimate was $0.89
per share and her fiscal 1998 estimate was $1.13 per share.
``We are upbeat on the fall 1997 season for women's bridge and designer apparel and
accessories,'' she said. ``We also note that Ralph Lauren's menswear backlog is up 20
percent for the fall season.''
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