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Non-Tech : Loehmanns (LOEH)
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To: Jim Mac who wrote (27)11/18/1998 7:21:00 PM
From: Steve Hudson  Read Replies (1) of 69
 
Jim, Well I will be delighted if you're right. With those sorts of sales figures, LOEH would blow the street away, and we would certainly see 10 by year end, if not tomorrow!

I have no doubt that same store sales are being helped by the diversification away from "solely bridge fashions" to men's, and other accessories. If they expanded some cosmetics, that would be an even bigger plus. (Really high margins.) I think that will especially help them in the X-Mas season, when sales have not, traditionally, picked up like other retailers. I'm also impressed with their plan (see their web page) to provide discount coupons for "dollars purchased": that should bring people back again, as well.
It would be nice to see LOEH fly in the next several days. Here's hoping.

Steve
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