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Re: learningasitgoes post# 437

Thursday, 05/14/2009 6:25:46 PM

Thursday, May 14, 2009 6:25:46 PM

Post# of 1142
I think some looking for buyout news left the building.On the flip side it only went back to the lows of yesterday and today.Like I said mixed report as expected.I think they should close some non performing stores.Some info sent to me:
1)Operating Loss only up slightly from 25m to 28m.
2)Net loss minus non-cash charges was only 23.2m or $.75 per share.
3)Long term debt paid down and in-line with covenants.
4)shareholder equity actually went up from 73 to 76 for a book value increase to $2.45 per share.
5)Revolving credit line that is available increased.

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