Shrugging off weakness in a few key sectors of themarket and cashing in a $100 million foreign tax credit, the Eager Beavertonsreported net income of $569.7 million against $377.2 for the first quarterended Aug. 31 on an 11% increase in revenues to $4.66 billion that was led bystrong double digit gains in all the overseas regions. Excluding the tax gain,Nike would still have generated a 24% profit increase in its seasonally largestquarter. Futures orders rose 11.5% to $5.9 billion with the U.S. up 3%, Europeand Asia/Pacific both up 17% and Americas up 20%.

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