Heilig-Meyers (HMY) undervalued! Message Board

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Non-Tech : Heilig-Meyers (HMY) undervalued!

HMY 16.12

-2.4%

Nov 3 3:59 PM EST

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To: Friend who wrote (6)	7/21/1998 4:07:00 PM
From: Robert Douglas	of 12

More details on the Bear Stearn's upgrade. 12- 15 month price target is $17-$18 a share. 1999 Est. $1.07. "...HMY is in the early stages of a turnaround and the risk reward opportunity presents compelling value at its current levels. Having spent the last year and a half integrating the Rhodes, RoomStores, and Mattress Discounters acquisitions to complement the core Heilig-Meyers division, we now believe that HMY has more clearly defined the role that each of its four operating formats will play in growing the business."

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