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To: Londo who wrote (568)	1/22/2001 4:43:07 PM
From: Softechie	Respond to of 2155

Warnaco Shares Soar Following Settlement With Calvin Klein By Erica M. Berardi Editorial Assistant 1/22/01 2:36 PM ET Shares of Warnaco (WAC :NYSE - news) rocketed Monday afternoon after Calvin Klein announced it was dropping a trade infringement lawsuit against the clothing manufacturer and its CEO, Linda Wachner. In midafternoon trading on the New York Stock Exchange, Warnaco shares were up $1, or 40%, to $3.50. According to published reports, the settlement came minutes before a judge was to begin selecting jurors for Calvin Klein's suit against Warnaco, which sells its apparel under a variety of internationally owned and licensed brand names, including Calvin Klein. While the companies released a joint statement of continued partnership, details of the agreement were not made public. In May, Calvin Klein sued Warnaco and Wachner, alleging the manufacturer violated terms of a jeans licensing agreement and accusing Warnaco of damaging the brand by selling jeans to discount outlets without permission.

To: Londo who wrote (568)	1/22/2001 4:48:31 PM
From: Softechie	Respond to of 2155

Londo, I can assure you that Harvey Golub didn't get on to handle the final paperworks. We're looking at a turnaround specialist assisting Linda here. You're a "Fundamentalist Bottom-Fisher" and you should know how these types of high profile companies work. I see this company running to at least $6 and more. I intent to hold for 1 year. BTW, take a look at DVA. I love that one and WAC will be like it. Good luck.