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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: cfimx who wrote (5312)11/22/1998 4:49:00 AM
From: MCsweet  Read Replies (1) | Respond to of 78595
 
twister

You make a good point --- Landry's management probably screwed
up and the stock price went down. I can't applaud them
for that. However, once the price is down, I think buying
back stock is one of the best investments a company can
make. It is a great way to increase EPS, and does not
entail the risk of starting new stores, especially in
light of an expansion that hasn't be too successful and
the currently cheap price of the company's stock.

MC