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Non-Tech : Lone Star Steakhouse (STAR)
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To: chester lee who wrote (6)3/21/1997 3:59:00 PM
From: Karl Radke   of 175
 
I expect STAR to meet expectations but I also expect same store sales to be down due to the saturation of the steakhouse concept, as Raymond James alludes to. However, with good unit growth and the development of their other steakhouse concepts into the next year, they are well on their way to 25-30% growth this year. Still looks cheap to me.
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