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Non-Tech : Landry's Seafood (LDRY)

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To: Ben Munoz who wrote (4)3/2/1997 6:10:00 PM
From: Steve Felix   of 81
 
Ben, Your first post expressed my sentiments exactly. My only other point is that the street may have been expecting more upside after the Bayport deal. I think maybe they expected a little too much too fast. Picked up 100sh. about seven months ago at 19 1/4. It tested 20 twice, and I thought of buying more. Then big volume down days started. The funds really seem to move in and out of this one. It's a long way to the next earnings, and I think we will get a "feel" watching price and volume before then. I think the move up was from undervaluation as you stated, trading at close to half it's growth rate. Steve
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