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To: al who wrote (17378)	11/19/1998 11:21:00 PM
From: Iceberg	Respond to of 53068

stock idea Landry Seafood [ticker LDRY] Closed at 8.5, up 13/16 from yesterday. Recently announced stock buyback.... biz.yahoo.com Market Edge has it rated a strong buy Zack's has it rated a "strong sell" [that is, buy it, IMO] On daily chart, +DI just crossed over -DI Stochastics are turning up from the 20% level. Wm %R is up Some resistance in the 9 area, but the next stop 12? Bollinger bands? I don't comprehend and don't trust them. Candlestick theory? Bullish white candle today. Point and Figure theory? Technically on a sell signal, but rising. In any case, I'm looking at LDRY as a possible buy now. Contrary, or any other opinions, welcome. I have no position in LDRY at the present time. Just thinking about buying tomorrow. Ice

To: al who wrote (17378)	11/20/1998 7:16:00 AM
From: Ron McKinnon	Respond to of 53068

Al I'm not sure that I would like to be forced into trading like that again but it was in a way funny and fortunately profitable to those not in the "loop" some of us talk "live" on mirc during the trading day and have developed some great teamwork to "feed" knowledge, ideas, and information to each other late in the day all the net stocks took a major selloff I took a chance and put in buy orders for NSCP at 36 and 35.25 at almost that instant my real time quote service crashed so with a mental picture of the intraday chart and singe quotes from my broker I went into panic mode yelled for help from our group on mirc: they pulled up the chart and started to feed me quotes and their perception on how the tape was running sold at 37, cha ching bought back at 36.50, sold again at 37, cha ching back in at 36.50 this falls into the "don't try this at home" not something recommended for the faint of heart but something to tell the grandkids about

To: al who wrote (17378)	12/9/1998 9:13:00 PM
From: Ron McKinnon	Read Replies (2) \| Respond to of 53068

ok Al, here's is what I get retailer formed in 1984 IPO 10/97 by Alex Brown 7.44mm shares out, insiders own 59%, appox 1/3 each by the Chrm and Pres after the IPO went on an expansion binge, from 25 to 37 stores in the last year--+48% sales are up about 37%, less than the store growth cause they came on line during the year and are building up over time same store sales were up 7% earlier but are now only +2% as with most retailers they make 99% of the years profits in Q4 looks to my like this expansion has streched mgt way too far, they need to get back to basics (say they are going to halt new stores for the next 2 qtrs) all cash from the IPO has been usd up but there is no debt and plenty of borrowing power under an inventory line gross profit is steady at 36-37% as with most retailers the balance sheet is simple cash inventory store fixed assets A/P equity book is $6.71 so price to book is 74% at $5 old ests were 98--.80 99-1.35 so P/E 4-6x's on 9/16 they warned that Q3 would be off due to warm weather (huh?) Alex Brown cut from strong buy to buy the stock fell from 10 to 5 doubled over the next month 12/9 they warned again, no reason but between the lines says they F'd up with the expansion Alex Brown cuts to neutral clearly with the drop yesterday they leaked to the big boys first (typical) inventory as of 10/30 looks way high to me; bet they will run big sales to move it out which will hurt margins and bottom line in Q4 the Chairman is 70 and owns 1/3 of the stock (not good imo) the board is so so the COO is named Rex Rambo so I'd say they have a fighting chance (gggg) ok, bottom line maybe some more tax selling over the next few weeks the street will not come back in heavy till confidence is regained but, a decent "value" play for a 3-9 month hold worth a watch; a buy before 12/24