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Non-Tech : Lone Star Steakhouse (STAR)

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To: Paul Senior who wrote (27)5/31/1997 1:31:00 PM
From: Ignite44   of 175
 
Paul...Research magazine has and article about STAR's future earnings prospects. Try this link and enter STAR...then check out ResearchMag's company report. You have to register but it's currently free:

dailystocks.com

They're predicting $2.04 for 97 and $2.49 for 98. They also state that the investment community has a high level of confidence in these forecasts...for what that's worth.

Standard & Poore's has a publication called 'The Outlook' which you
should be able to find at a library. They recently wrote up STAR and
indicated that the drop in same store sales wouldn't hurt earnings
projections because the company is building so many new restaurants
and that market expansion will drive earnings growth.

I bought STAR 2 weeks ago. First Call is predicting a long-term growth rate of 27%.

Good Luck
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