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Strategies & Market Trends : BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING!

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To: cheech who wrote (14)4/13/1997 8:04:00 PM
From: Candle stick   of 53
 
Cheech, havn't been on this thread in awhile.......BOST looks to me to have finally put in a bottom at 26...I made excellent money short from the high thirties but since I am an equal opportunity trader I am now long BOST...there has been so much bad news combined with the technical bottom reversal day last week, that I believe BOST will pop up this coming week....something in the low thirties.......have to recheck my charts

On another thought, Have you ever heard of Buffets inc.? I cant even begin to tell you what a GREAT restaurant chain this is.....I mean lines out the door at every one I have ever seen...to make long story short, they underwent a merger and reorganization and are concentrating on reducing operating expenses (revenues are not a problem given the long lines of customers)--the stock put in a low at 6 1/2 just a few weeks ago and more importantly there has been significant insider buying in the last month from the CEO, president, and several officers and directors.....I mean everyone!!! the stock is trading 8 1/4 and I strongly recomend looking into it as I feel this company could double in value by yearend......since you are in the restaurant business I would greatly appreciate your opinion.....check out the BOCB thread, I would like to generate some interest there.........;^)
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