Loehmanns (LOEH) Message Board

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Non-Tech : Loehmanns (LOEH)

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To: pat w. who wrote (4)	3/11/1998 12:41:00 PM
From: Steve Hudson	Read Replies (1) of 69

I wouldn't be surprised to see LOEH fly past 10 IF they reported some good news. BUT, just a month ago they announced their expectations for the last quarter (the one for which the earnings announcement is due this week), and the news was not good. Now, they may have some indication of a sales turn-around in February (with new spring merchandise, etc.), but I wouldn't count on it. So, for now, I'm a believer in the rumor that they've been approached. For the long term, I think their earnings will return, but I can't say when. I'm just not that smart. Regards, Steve

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