To: Alan who wrote (1244 ) 12/29/1998 8:31:00 AM From: DebtBomb Respond to of 57584
Alan, I first discovered GIII on a different message board, don't remember which one, looks cheap to me, like I said, keep an eye on it, do some DD, here's a message from the Yahoo board: Top:Business and Finance:Stocks:Consumer Cyclical:Apparel/Accessories:GIII (G-III Apparel Group, LTD) Help - Add to My Yahoo! - Sign Out strong buy on Lionmaster board--website boost coming by: CRUNCH_Foot (378/M/Feet, NJ) 30 of 43 G-III Apparel symbol GIII Strong Buy. Lion_Master88 Dec 28 1998 2:03PM EST GIII new e-commerce website due out beginning 1999. Just talked to investor relations but don't have an exact date. Please refer to web address at g3leather.com and click on the product(s) link. Book value over $5 per share with no debt. Target $7 month frame on the new site release based on AAGP and SKYM momentum. The Lion. Some info from latest earnings release. Morris Goldfarb, Chief Executive Officer of G-III said, ''Our emphasis this quarter continued to be on increasing our higher- margin, licensed business as a percentage of sales. We remain encouraged with the growth in our licensed business with the shipments of our new Tommy Hilfiger and Nine West lines, in addition to the continued solid development of our Kenneth Cole and sports licensing divisions.'' Mr. Goldfarb added, ''Although we are enthused by the prospects of our licensed businesses, our other businesses remain under intense competitive pressure. We are aggressively pursuing strategies to strengthen these operations as we remain focused on improving the operating margins of G-III.'' G-III is a leading manufacturer and distributor of leather and non-leather outerwear apparel. The Company has fashion licenses with Kenneth Cole Productions, Nine West Group, Tommy Hilfiger and Starter Corporation [NYSE:STA - news] and sports licensing agreements with the National Football League, National Hockey League, National Basketball Association and more than 20 universities nationwide. Posted: Dec 28 1998 2:46PM EST as a reply to: Msg 1 by YahooFinance Replies: View Replies to this Message Free real-time quotes for members and customers! Click here! Related Links Quote Profile Research Insider