Lone Star Steakhouse (STAR) Message Board

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Non-Tech : Lone Star Steakhouse (STAR)

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To: Karl Radke who wrote (22)	5/20/1997 3:56:00 PM
From: David Semoreson	of 175

A lot of volume pushed it lower, so its more likely someone is panicked by the possibility of even greater sales declines. The company said that "its not getting any better" but didn't say anything about it not being any worse !!! A bigger decline would be a serious concern. :( I had understood that a lot of the same-store decline was because the company was opening new stores near existing ones ... in effect cannibalizing their own sales but with increased total profitability. Any comments? BTW ... great to find some threaders here!

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