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Recently, Facebook applied for an Initial Public Offering, the process a company goes through to get permission to raise money from the general public. Facebook is expected to raise approximately $5 Billion through this offering. IPOs are very common occurrences; however, every once in a while, there's an IPO that gets everyone excited..
As such, I expect KORS' further upside will be driven by near term catalysts such as continued above expectation financial performance attributable to the US and European growth. michael kors outlet
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