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To: Dale Baker who wrote (12721)	12/6/1999 11:12:00 AM
From: Art M	Read Replies (1) of 118717

Dale take a look at LPHL. Groupe Arnault just took a 27% stake for $20mm. This values the company at a cap of $74mm or 11.54/share. Company has 3.29/share in cash and a small float of 1.2mm shares. Sales last year of $167mm. I like this company. News out today: biz.yahoo.com Art

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