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Non-Tech : Lawrence Savings Bank LSBX
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To: Kenneth Xavier who wrote (95)10/18/1997 12:48:00 AM
From: Ricardo Bekin   of 98
 
After the close LSBX reported $0.35/share, which is 3 cents better than last quarter, 2 cents better than the consensus estimate and 1 cent better than last year. Not much of an improvement, IMO. Net income before taxes was actually down from last year, they were helped by a larger income tax benefit. Even though growth may be slowing down, I think they still look atractive relative to peers.

Ricardo
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