i only call people jerks, who call me dick. Your
points are well taken. First off.. I'm not in optical
business. I have friends who work in business, including
LensCrafters. The lens business makes snese because of some of
the issues lenscrafters has with some lens
whoelsalers. IE.. Transiitions. Why do I watch this stock. I
like to work on underperforming companies. Good chance
to make money. I'm bullish on Lux.. just i think
it's 2-3 years away. Plus. I like to short stocks, and
this company is great to short. Back to lux buying
frame company. Lux is in retail now, so they will do
whatever it takes to sell more glasses, not just frames.
Plus, why pay a middle man, when you can have the whole
This stock will do nothing if nothing happens.
BUT They have called Some of the Big Shots back to
Italy this Week.
EyeMed is going to give this stock
a shot early next year. But something else is going
I think they are holding out on
Rays to get a better price.
P.S. I agree
with Luxwatcher Get lost FOOL
If you hate this stock so much why are you so
interested in it. You have posted many Times. If you don't
like it get lost.
You sound like a Marchon
P.S. You left a message about Lux buying a Lens
company. Lux is in the frame business. They buy companies
that will help them sell more frames. Lenscrafters is
just a part of Lux. The profit margin is much larger
on the Wholesale side. Don't just look at the gross
P.P.S. Ok Fool now its time for you to leave a message
calling me a Jerk!!
The peg value of this stock is 11.61. So, if you
want to make a buck.. go for it. The peg ratio is an
ungodly 2.64. Who would want to buy at that ratio.
point here is that if you want to make money, you won't
do it with emotions. I like Lenscrafters, have even
bought glasses there, but the stock sucks
First off, we don't need your language here..
Just another sign of your ignorance.
not in optics, and I'm not bitter. I was introduced
to Lux by a friend of mine from LensCrafters. She
thinks, and I tend to agree that LensCrafters is a great
Emotions aside.. the numbers dont add up. Now
spastic. you can invest on emotions, or you can invest on
facts. Hearing your ignorance, I can tell what you
invest with. Actually... you probably wouldn't know a
good investment if it hit you in your pimply
ciao for now.
how do you figure a 33% stock increase on 15%
earnings increase, and even less of an increase in
revenue. Maybe 15 a share.. with the right conditions. Lux
isn't selling down its debt. Losing share in non
lenscrafters sales. And Lenscrafters isn't making last years
numbers. The 15% will be a stretch. Analyst say 79 eps ,
not 81. Get your numbers right
Honestly I do not know if we will ever see 8 1/2
at this stage,
have you noticed the volume? It is
down again and the stock is trading water. I would
like to buy some shares again but I'm
to pay more than $10. I feel very positive with
whole sector, I don't just follow LUX but, BOL SOL and
minor ones. We may get to $18 from here providing that
Dow does not sell off again. The analysis that I've
dug on this
stock is that "LUX commands 8% of the
highly fragmented retail-eyeglasses industry. This is
primarily because of LUX's
wholly owned retail profit
machine, LensCrafters, which accounts
for roughly 60%
of LUX's total sales. The stock is selling cheaply
and it can earn $.81 in 1999, plus an extra $.22 a
of goodwill for each year. That's up from earnings
of $.66 a
share in 1997. LUX is the leading
eyeglass producer in the U.S."
Good luck on your