Loehmanns (LOEH) Message Board

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Non-Tech : Loehmanns (LOEH)

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To: Ram Seetharaman who wrote (31)	12/21/1998 4:54:00 PM
From: Steve Hudson	Read Replies (1) of 69

$6.00 is doable. Even $10.00 or $12 is doable. This is a very volatile stock that most people have given up on. However, it went from 4 to 6 1/2 last spring in a few days. And, its earning is very leveraged: when it has good revenues it brings more and more to the bottom line. It might earn $.25 next year if things don't go so well; OTOH, if things go well, $.50-.70 is doable. Given that, this is a relatively low risk entry point. Even if things don't work out well, the risks of things working very badly are low. Best of luck to you. (BTW, the tax loss selling has slowed the last several days.) Steve

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