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Non-Tech : Donna Karan
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To: B Hewson who wrote (78)8/25/1997 8:56:00 PM
From: ted quinn   of 114
 
Do you all realize that there will be a nice pop in the stock in the next 30 days? The management has all but guaranteed that a licensing deal for the beauty division will be during this quarter. I hear they are very close to a deal with the German owned Wella. That would remove the biggest albatross from their neck and would put cash on their bottom line. What's more the stock only sells at .5 times sales. If they can cut costs and attain a 5% net profit (which is not that much), that would equal $1.50 per share earnings. In any case, the beauty deal should be worth 2 points.
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