"I don't analyze things that closely," the young lady said between the second and third acts of "For Love or Money" as she walked down the long stairway from the second balcony of the Wilbur Theater. "Either I like it or I don't."

"Well?" her companion nudged her.

"Hmmmmmm, I guess I liked it."

Since the third act at least equalled its predecessors this is a very adequate evaluation of the latest F. Hugh Herbert opus. It is an "I guess I like it" bit of pleasantry that would disintegrate under any more piercing inspection.

Technically, despite a weak first act-apparently rewritten in immense haste after opening night--Mr. Herbert's writing gets in the way of almost nobody and in fact keeps the evening moving right along. His drawing-room dialogue doesn't have the wicked sparkle of Noel Coward, but the audience is not embarrassed by an absence of chuckles.

The plot concerns the romance of an unbelievably wonderful young girl and a man of the type supposedly indigenous to the acting profession, the middle-aged egocentric. Complications are provided by the actor's mistress and his godson a "boy next door" kind of character. Mr. Herbert, who is "no boy next door" himself, gets a good deal of obvious pleasure in awarding the girl to her elder swain.

Any extra glow that the audience carries away from this amusing, if non-aisle-rolling comedy. can be laid directly at the feet of Miss June Lockhart. She creates a young lady that every male member of the audience would like to meet even if she did not do a genicel strip-tease under the precarious shield of a large beach robe. Miss Lockhart is a compoient actress, but there is a persistent impression that her success resis largely on the suspicion that she herself in just the kind of young lady she portrays.