Landry's Seafood (LDRY) Message Board

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Non-Tech : Landry's Seafood (LDRY)

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To: BILL HOJNACKI who wrote (60)	9/18/1998 2:16:00 AM
From: David Meharg	Read Replies (3) of 81

Value line is terribly over rated. Their ratings are worthless. Like IBD they track PAST performance and place good performers in the top categories. As soon as the stock starts to turn down they drop the rating quickly. It's no surprize that their number 1 rated stocks outperform the market-if they weren't they'd drop them to level three or below. I don't think Landry's has much cash to buy shares back with. In fact Tilman may be having a severe liquidity problem now that the stock is approaching 6 1/2. By heavy selling I mean look at todays action 1.8 million shares-down over 10 percent. Who is still selling at these levels and why are they so unwilling to hold these shares.

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