Landry's Seafood (LDRY) Message Board

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Non-Tech : Landry's Seafood (LDRY)

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To: David Meharg who wrote (61)	10/14/1998 11:45:00 AM
From: sockscats	Read Replies (2) of 81

Valueline and ldry cash problems........ Valueline makes the same mistake that many other analysts make. They like a stock with strong price support that's moving up. As a result they are often recommending stocks at high prices and downgrading them as they fall. Vectorvest does this too and ldry is a classic example. As far as ldry not having cash to buy back stock. I think fertitta and others have to open their own wallets. He made a bundle(over 30mm) selling over one million shares at 28.50. For that same amount he can buy over 4mm shares now. That might be the only way to prevent a hostile takeover.............socks

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