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To: James Clarke who wrote (5108)10/7/1998 11:38:00 PM
From: kahunabear  Respond to of 78525
 
I put in an order for LHO at the bid of 8 1/2 and it didn't get filled. But I got some at 9 1/4. I see lots of great values but am just testing the water at this point.

WS



To: James Clarke who wrote (5108)10/8/1998 7:20:00 PM
From: jeffbas  Read Replies (3) | Respond to of 78525
 
On LHO, I was a day too late in reading your post and doing some review, or I might have bought some today. Too bad.

But I did note a heavy debt load. Buying upscale hotels on 50% margin (or whatever) is not a very conservative strategy, and possibly a
more significant issue in valuation than the large dividend. We could take a vote and ask some investors in upscale stocks bought on 50% margin :-)