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Non-Tech : Loehmanns (LOEH) -- Ignore unavailable to you. Want to Upgrade?


To: Ram Seetharaman who wrote (42)3/8/1999 10:45:00 AM
From: Steve Hudson  Read Replies (1) | Respond to of 69
 
Most of the shares (at Goldman) are owned by the Goldman Small Cap Value Fund, if my memory serves me well today. Last year they thought that LOEH was worth between $14 to $18 per share. So I'm sure that they have been frustrated. OTOH that is not an unreasonable valuation if LOEH demonstrates today (this year) the earning power they have demonstrated in past years.

Steve