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La-Z-Boy Inc. (LZB)
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Philip Davis
:
$LZB
at $8.20, selling the Jan $7.50 puts and calls for $3 is $5.20 (44% if called away or 6.35 if put to you (27% discount).
Mon, Aug 31, 2009
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thevoice@voicedup.com
: (
LZB
) - Extremelly overvalued at $8. If you apply EPS of .35x a forward PE of 11.4 (peers) for FY 11 stock should be trading at $4.
Wed, Aug 19, 2009
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