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Lowe's Companies, Inc. Message Board

  • abayr abayr Dec 10, 2008 10:29 AM Flag

    why LOW should be atleast 30 by now?

    We have seen inspite of the recent market crash LOW is withstanding. The Primary reason is the housing market is slow and based on this morning news has bottomed, and new constructions have become a rarity since start of 2008 as told by my house contractor that no new house is being built unless a contract is signed by a buyer. The business that seems to floursish is the Bank owned properties have been bought at low prices and renovated, exisiting home owners renovating or upgrading their houses. There is a heay reliance on HD and LOW for these folks. 30 is coming.. soon

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