ROY DISNEY SELLS CONTROLLING STAKE OF L.A. GEAR

          After years of "struggling to revive" L.A. Gear Inc.,
     Trefoil Capital Investors L.P., one of Roy Disney's
     investment vehicles, has sold its 42% controlling interest
     in the company to CA-based PCH Investments, according to
     Kathryn Kranhold of the WALL STREET JOURNAL.  Trefoil
     reportedly took "a substantial loss" on the deal, and that
     it's unclear whether Trefiol "even received the market value
     for the shareholding."  Former L.A. Gear Chair Stanley Gold:
     "We've lost a substantial amount of money."  Gold, and six
     of eight directors, "will resign immediately," and 36-year-
     old David Gatto, who joined L.A. Gear as CAO in June, will
     become Chair & CEO.  Through the first six months of the
     year, L.A. Gear reported a net loss of $9.6M, or $.61 a
     share, on revenue of $63M (WALL STREET JOURNAL, 10/14).