  Motivated by recent measurements of electron paramagnetic resonance (EPR)
spectra in modulation-doped CdMnTe quantum wells, [F.J. Teran {\it et al.},
Phys. Rev. Lett. {\bf 91}, 077201 (2003)], we develop a theory of collective
spin excitations in quasi-two-dimensional diluted magnetic semiconductors
(DMSs). Our theory explains the anomalously large Knight shift found in these
experiments as a consequence of collective coupling between Mn-ion local
moments and itinerant-electron spins. We use this theory to discuss the physics
of ferromagnetism in (II,Mn)VI quantum wells, and to speculate on the
temperature at which it is likely to be observed in n-type modulation doped
systems.
