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Non-Tech : Donna Karan

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To: Crossy who wrote (91)9/29/1997 10:57:00 PM
From: Doug Coughlan   of 114
 
The news that a Saudi prince has taken a 7 percent position in DK is what moved the stock today. CNBC reported it at about 2:30. This is the same prince who previously had taken a large position in Citicorp and Saks. It was also reported on the Nightly Business Report. Don't be surprised if there is follow-up buying tomorrow on this news.
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