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Non-Tech : Donna Karan
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To: Don Johnson who wrote (15)1/25/1997 11:25:00 PM
From: ted quinn   of 114
 
DK has a lot of international business. In fact, that seems to be the stronger than the US at present. There are several stores in London (that a 3rd party owns). Seems like a good investment to me. The product line is branching out, huge orders for spring, there will be a licensor of beauty division by June (the annoucement of which will propel the stock up 2 pts or more), the cost of raw materials is low and the selling price is high. What's not to like about DK at a price of $13? If you bought at a higher price and watched it fall, it is probably a good idea to average down and buy more shares. I see the bottom at 12, or half the IPO price. Glad to hear that it is doing so well in Asia. Here in the states DK has huge outposts in most fancy dept. stores.
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