To: SSP who wrote (29959 ) 2/23/2000 10:05:00 AM From: Debbie777 Read Replies (1) | Respond to of 150070
You might keep an eye on RTRO today (on list). Donner started coverage this morning. With a low float of 1.5M..this one could move fast with any volume. Wednesday February 23, 8:32 am Eastern Time Company Press Release SOURCE: Donner Corporation International Donner Corp. International Issues Speculative Buy Recommendation On Retrospettiva, Inc. SANTA ANA, Calif., Feb. 23 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of Securities Dealers, CRD number 37702. Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today issued a Speculative Buy Recommendation and initiated coverage on Retrospettiva, Inc. (Nasdaq: RTRO - news), Beverly Hills, California. Retrospettiva is a leading supplier of moderately priced women's apparel to national retailers, wholesalers, catalogues and design and manufacturing organizations. ''Retrospettiva markets its women's apparel to a very high-profile list of clientele, including such powerhouses as Target, Federated, T.J. Maxx, Marshalls and Steinmart. The Company arranges for the manufacture of garments for these and other customers under private labels selected by the customer,'' Donner said. ''This means all orders are pre-sold, which removes Retrospettiva from the risk normally associated with fashion and design, a risk that its customer assumes,'' Donner said. ''Retrospettiva is well-positioned within the two largest and fastest growing channels for women's apparel, the national chains and discount stores and wholesale distribution.'' Donner stressed that Retrospettiva is continuing its strong growth pattern, with major new orders from Casual Corner Group, ENC, Nash International, John Roberts and V.S. Sport and that it has acquired licenses from Universal Pictures to manufacture dolls of the characters Boris, Natasha and Fearless Leader to coincide the upcoming movie ''Adventures of Rocky & Bullwinkle.'' ''We believe Retrospettiva's stock is undervalued, considering its large and impressive list of clientele, its potentially lucrative licensing agreement with Universal Pictures, the steady growth it is experiencing, the expertise of its management team and staff and the current low price of its stock,'' Donner said. Copies of the Donner report on Retrospettiva are available at 1-800-324-6050. Donner has an investment banking relationship with Retrospettiva. (The information contained herein is based on sources believed to be reliable but is not guaranteed by this company and is not comprehensive. It is not to be construed as an offer or the solicitation of an offer to sell or buy securities mentioned herein. The Company, its members, affiliates and employees may have long or short positions, which could be substantial, in securities discussed or recommended and may purchase, sell, or trade these securities from time to time in the open market or otherwise. In addition, this Company may from time to time perform investment banking, corporate finance, provide services for, and solicit investment banking, corporate finance, or other business from the issuers of such securities for a fee.) SOURCE: Donner Corporation International -------------------------------------------------------------------------------- More Quotes and News: Retrospettiva Inc (NasdaqSC:RTRO - news) Related News Categories: banking