Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (1236)	12/28/1998 10:19:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Hey, Thomas whats up? Hope your holidays were merry. On GIII, I still don't understand how they can make any money. They sell leather jackets that have a wholesale cost of about 80-120 each, plus about 5-10 worth of decoration, plus licensing costs. .then they resell them for about 130 to 220 at retail . . . no way can the manufacturer then sell wholesale...it does not work. High priced fancy leather jackets carry ultra slim margins. . . I remember working out the margins on these high priced jackets at my apparel company....and I could not get them to work and maintain a reasonable margin....I had to pass. Will people want to buy leather jackets via the net? I would want to touch and try on first. I don't see momentum in the company itself. Slight momentum on stock. Do you know if news is pending or there are any other circumstances? Rande Is