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Non-Tech : Donna Karan

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To: Crossy who wrote (85)9/17/1997 5:08:00 PM
From: mattie   of 114
 
DK moved up big at the close - finished at $15.50 up more than $2.50. Must be some news coming out - I beleive it is probably the sale/ and or liscensing of their beauty division.

Should hit $16.00 soon, then back to the old highs. DK's peers sell for over 2 times revenues - DK sells for .05 x revs - lots of room to move higher. Plus revenue will be increasing as they get their jeans line out. Should increase revs by $100 mill. - CK does $350 mill in jeans line - DK will be comparable in a couple of years.
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