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NIKE REPORTS EARNINGS RISE FOR 3RD QUARTER

     Nike Inc.'s fiscal 3rdQ earnings jumped 51%, topping some
estimates and reflecting "strong demand at most of its shoe and
clothing businesses."  Nike's net income for the period was
$95.3M compared with $63.2M in the same period last year.  Nike
stock closed at $78, up $1.625.  Nike Chair Philip Knight said
Nike's revenue was more balanced than at "any point in its
history" (WALL STREET JOURNAL, 3/17).
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