============================: THU.MAY,980528 :============================
16:15| NYSBC:(DGJLF)9805 D.G.Jewellery of Canada . New York Stock Brokers Club
 , Harry`s@HanoverSq . QVC , WalMart $20 - $500 stone-set rings , earrings etc
|17:5| JackBerkovits . Montreal .
:\cosy\cal98!   CN : yr ago did IPO w Joeseph
 30 yr - constant growth . proprietary tek - 25k sq ft hi volume production
  Labor fraction of no  | WalMart  30k stones in 5 days . Vendor of yr .
  no salesmen . Sears - Sax , Penny . w/in 24 mo w be biggest . Margins clim
  .18 22 32 #s for Q0 very good out next wk .
 Mass produced . Still individual workstatns .
  .8 8 32 77 87 97 . Cast in place : gems set into wax formulated to hug
  stones . Wax evaproated - replaced by gold . no soldering or sizing .
 Exper setter  10-15 , now  750 rings % day .
 yr test for polish medium . does work of 100 polishers .
 25 - 30 $ -
 Cast inplayc = low cost , infinite vol .
 Investment compuinty  .
 sales
  e %S  . .11 .22  `96 `97 .   Vol merchandise  .9 0f all sales now .
|17:17| MikeStorm : 10k gold ?
 Rate of Change ? less than fashion industry . Bought CubicZerconia
 production . Subsidary hi end design . insulated frm fashion trends .
 QVC - perhaps most popular - Dimonique - 0 rejections . Return rate normally
 .35 - they .14 - .18 . means got style & value .
 Reasons for returns ? Husbands | how change pattern ? tell people not marry
 Can re
 Stock dist ?  1.5M Warrents  . 2 of 5 M Shares float . He owns rest .
 42M 98 ,
 looking @ 4 acqs . All past acqs done debt .
 Stock 5$  . would be too dilutive .
 Current proj 75M$ . w acqs > 100$  .
 Time Grp :Service units w/i Military host stores .
  100 x 250000  |>| 25000000 |
 Silverman Grp - blow out sales  - distress sales .
  .5 JV to do in CN . Suplimenting their Jewelry into sale up to Cdn law .
 ISIS on internet - Odd Job marketer on Web .
 Get diamonds from polishers around world . Abundance of stones .
 2 gorgious oriental girl designers .
 ' Send X for  QVC ' : comes 1.9 - 2.1 caret - uniform quality .
 Competiton ?  Zales : showed  Tree w stones - only possible w lost cast .
  Lisa said anyone does :  mentioned NY Mfgrs : . Stopped producing for thm
  Diamonds stayed in wax < 2 wks .  wanted to be able to inventory .
  Bought hospital meal cart humidifier .   1000 such minor details .
 e-commerce - net directly ? delema - compete against channel .
 @ 8 $%s would use Stock for Acqs .
 1.25 - 1.5 $ % warent exerciseable @ 6.25 , 5 yr .
MikeStorm : public ? Apr 17 97 .

  -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
 JackBerkovits is Personable , Bright , good sense of
 humor . Very certain and positive in his predictions . Worth Watching .