ugg outlet Deckers reported a secondquarter loss of $0.53 a share on revenue of $174.4 million. Yearoveryear, revenue rose 13.1%, gross margins fell 82 basis points and the company reported a negative operating margin. In the quarter, UGG boots were up 20.8% to $107.9 million while Teva declined 15.4%.Unfortunately for Sienna, the Edie film itself, Factory Girl, was something of a nonevent. And while the film career seemed to fizzle out, the outfits just got crazier. There were the granny knickers with black opaque tights worn to the New York premiere of Factory Girl and the shapeless muumuu at the 2006 Oscars.Grossmargins are expected to stabilize to 49% over this period, while operating margins are expected to fluctuate around 19%. I calculated the cost of equity to be 10.4% (using CAPM and a beta of 1.4) and estimated a terminal growth rate of 3.5%. This analysis results in an equity value of $3.1 billion or $82/per share.. <