Cracker Barrel(CBRL) Message Board

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Non-Tech : Cracker Barrel(CBRL)

CBRL 26.85

+5.7%

Jan 2 9:30 AM EST

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To: Coonhound who wrote (9)	1/28/1998 1:35:00 PM
From: Ron Flanigan	of 76

I did very well with CBRL but for a long period of time, about one year they sort of just hung around 16-19 and I became impatient. My re-investment doesn't look too good at the moment. I entered a business that I d/n know much about and that violates my cardinal rule. Don't invest unless you know something about the business. A future son-in-law touted his company. I like him soooo I put my CBRL savings into his Company. I bought in at 64 and today it is 57. It got as low as 54. I violated another rule which Cramer talks about and that is when the stock is down 8% --get out. I still have faith in this young man soooo I am hanging around. As I indicated in an earlier message, I still am looking at CBRL. I still like their product. Probably, too much but thankfully I have to drive about 22 miles to a Cracker Barrel so I do not often stop. Ron

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