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Non-Tech : Landry's Seafood (LDRY) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas George Warner who wrote (45)8/17/1998 9:37:00 PM
From: BILL HOJNACKI  Read Replies (1) | Respond to of 81
 
Well Tom, I bought today, looks like I will be here for a while.

I have been using the Value Line for a number of years also, and like it a lot. I only have the paper version though.

Thanks for the book suggestions, I will put the second one on my Christmas list. I'm sure someone will buy it for me.

Last night I read Landrys 10-Q, Item 2. Management's Discussion And Analysis. Lots of good stuff there. I like that public offering in March that net the company $102 million. It works out to over $26 a share. Looks like they have $53 million left, which is just enough needed to open up the remaining restaurants without incurring any debt. Today with my stock purchase, I was able to buy a piece of those restaurants for less than half of what they cost to build.

Growth for next year is 20 to 30 new restaurants, which is O.K. by me.

And here's one little line I read that can lead to good things: "The Company is reviewing possible scenarios which would be intended to increase shareholder value".

Bill H.