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  Second Chance on Lone Star   
   
Even good businesses run into occasional slumps. That's the situation with Lone Star Steakhouse, as it temporarily chokes on record-high beef prices. But the stock's 35% swoon over the past four months puts it back into value territory again.

Almost invariably, the stock market gives second chances to the patient. If you miss a stock's run-up to new highs the first time around, it's typically just a matter of time before Mr. Market, in his next depressive state, gives you another chance.

Such is the case this year with Lone Star Steakhouse (Nasdaq: STAR). The stock started the year around $22, ran up to a high of $33 in April on Atkins fever, and now has fallen back to $22 on two consecutive earnings warnings due to record-high beef prices.

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Date Listed: 2004-08-23

More news about: 
 Industry: Restaurant 
 Category: Financial 
 Lone Star Steakhouse

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Lone Star Steakhouse News
 ·  Lone Star Steakhouse & Saloon, Inc. Preliminary Unaudited Fourth Quarter and Fiscal Year 2004 Earnings
 ·  Lone Star 4Q Same-Store Sales Increase
 ·  Lone Star Stays Strong
 ·  Lone Star CFO Randy Pierce to retire Sept. 1
 ·  Second Chance on Lone Star
 

Financial
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 ·  CKE Restaurants has mixed April same-store results
 ·  Main Street Restaurant Group Inc. Announces Its 2005 First Quarter Results
 ·  Panera April Same-Store Sales Rise
 ·  Papa John's First-Quarter Profit Jumps

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