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Author: CashPhlo Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 136  
Subject: Re: Possible Investment Date: 2/20/2003 2:55 PM
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I too have been following ETH for awhile but have yet to purchase the stock. I like this company because they have a dominant position in the high-end furniture market and they seem to be run by excellent management. The furniture market is particularly attractive because there is constant demand since everyone needs furniture in their home.

While I do think that ETH is undervalued here, my buy price is in the mid-$20s, where it traded in 2000. Based on my calculations, a buy in that range will provide me with an adequate return with a sufficient margin of safety.

The $20s could come sooner than you may think if you were able to read the news today about the lower earnings estimates for furniture companies (http://biz.yahoo.com/djus/030220/1054000586_1.html ). For long-term ETH investors, this could provide a great buying opportunity in the coming weeks.

Good Luck,

CashPhlo
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