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Non-Tech : LONESTAR STEAKHOUSE

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To: John Wight who wrote (13)	9/27/1996 6:12:00 PM
From: Dorothy Simpson	of 20

ANYONE: "BottomLine" from TEC Fall 1996 states: ..."Last year Lone Star's closest competitor--Outback Steakhouse--realized $53 million in after-tax profits on $540 million in sales compared to Lone Star's $46 million on $340 million...Lone Star has no debt, and $124 milion cash on its balance sheet...As of May 31 Lone Star's stock price appreciated--since its inception--1,088.9%... ...With the recent creation of Sullivan's Steakhouse and the acquisition of Del Frisco's Double Eagle Steak House, Lone Star has been redefined as "The Steak Company." The article quotes CEO/Chairman Coulter "...we won't win (Forbes #1 small comopany) next year becuse a small business is defined as $350 million or less and, God willing, we'll be close to $500 million in sales." ANYBODY--Your thoughts, PLEASE. Thank you in advance, Dorothy (sondrar1@ix.netcom.com)

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