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If the ’90s indie buyout showed one thing, it was that labels shouldn’t be so quick to change. Sub Pop took its success with Nirvana, expanded musically, inked a deal with a major label, and has since been hovering near bankruptcy. And Epitaph, post-Offspring, is in desperate need of a relevancy transfusion. Against this sad backdrop, Lookout Records, founded on Gilman Street all-ages shows and bands like pre-Dookie Green Day, decided to go the other way and dig further into its version of roots music. In the last few years, the label has become a Folkways-type catalogue for teen rebellion. Tonight’s bill sums up the 10-year-old label’s MO, offering a wide sampling of musical hi-jinks and history lessons: mid-’60s mod (the Hi-Fives), old-school Stooges riffs (the Crumbs), terrific party punk (the Smugglers), and precocious jailbait (the Donnas). But, despite these musical pedigrees, the bands don’t come off as grave robbers. They may not use hyper samples, breakbeats, or trip-hop tinkering, but they justly and perfectly give props to an era when rock ‘n’ roll was cool and bands appeared on kids’ lunch boxes. The songs are as simple-infectious and dumb-fun as their titles suggest—like the Donnas’ “You Make Me Hot” and “Wanna Get Some Stuff.” The songs are fast and loud, too. Welcome to the third, fourth, or fifth wave of punk rock at 9 p.m. Sunday, Nov. 8, at the Metro Cafe, 1522 14th St. NW. $8. (202) 518-7900. (Jason Cherkis)