GUCCI (GUC) EXPLOSIVE GROWTH! Message Board

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Non-Tech : GUCCI (GUC) EXPLOSIVE GROWTH!

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To: Hong-Lee Yu who wrote (17)	9/24/1997 4:28:00 AM
From: Sergio Amadei	of 40

Finally the results for the first 6 months has been published. The falling price of last months is IMO due to the falling growth rate and currency problems (strength of dollar compared to yen and ital. Lira). Disappointing compared to the rest of Italian market which increased continously in last months and since August it is even stronger then rest of Europe, seems that international investors have shifted part of their investments maybe from SE Asia to Europe, especially to Southern Europe, seems that Italy and Spain enter the monetary union from the beginning. Again Italian stocks quoted at NYSE, like NTZ, GUC, LUX, FLA have moved little compared to Italian market. sergio

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