the company, were
able to manipulate BCF's press releases and other
disclosures so as to deceive the market into overpricing the
company's stock. Allegedly, the individual defendants
behaved in this manner so as to:

(i) artificially inflate and maintain the market price of
BCF's common stock during the Class Period and
thereby cause plaintiffs and the other members of the
Class to purchase such common stock at artificially
inflated prices and, in the case of certain of the
defendants, to personally gain from the sale of inflated
stock; and

(ii) protect, perpetuate and enhance their executive
positions and the substantial compensation, prestige
and other perquisites of executive compensation
obtained thereby.
_________________________________________________________________

3. Excluded from the class are defendants, their immediate families, the
officers, directors, and affiliates of BCF, members of their immediate
families, and any trusts or entities which they control.

      on July 25, 1989 by
earnings projection for the first quarter that was made on
April 4, 1989; claim failed because company had disclosed
its actual first quarter earnings on May 18 , 1989 and under
plaintiffs' own efficient market theory this information

                    25
should have been incorporated into the price prior to
plaintiff's purchase on July 25). If the July 29 information
was immaterial, its nondisclosure in the 1993 Annual
Report is not actionable.

(3) Reduced Supplier Discounts

Plaintiffs assert that "BCF purchased the bulk of its
inventory of coats for 1994 in January and February 1994,
yet defendants failed to disclose in its statements and
reports from March 1, 1994 to September 23, 1994, that
the discounts received were substantially less