Lumber Liquidators Solid as Hardwood While Housing is Weak - Dan Weiss

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Lumber Liquidators Solid as Hardwood While Housing is Weak
May 20, 2008 07:42 AM UTC

Dan Weiss

Return	Risk
-6.55%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
LL		05/20/08	-9.22%	06/18/08

Via Long Investment Ideas from Seeking Alpha:

The Company and Business:

Lumber Liquidators (LL)
was started in 1993 with a decision by founder Tom Sullivan to sell
lumber at reduced prices out of a warehouse. From those
humble beginnings, Tom was able to build an inventory of very high-quality wood which could be used in hardwood and other flooring, and the
first store was opened three years later. The company's roots started
in Massachusetts but the company decided to move its headquarters to
Virginia in order to have a much larger warehouse for the hardwood
flooring.

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