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Non-Tech : wendy's
WEN 7.960-0.4%3:59 PM EST

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To: Mat Miller who wrote (37)8/16/1997 8:22:00 PM
From: Robert Frisbee   of 91
 
Management is still spending too much time going to sporting events,
hosting golf tournaments that do nothing for shareholders and customers and nobody watches, hosting skiing events, and having meetings at posh resorts and hotels. Coasting again. This happened in the 80's too. Too many menu items again and now trying to run two chains... Wendy's and Hortons. Keep a watchful eye on margins
over next few quarters. Look for the marketing folks on golf
courses near you and be your own judge. Board members must take
action now or responsibility later. Wall Street does not take kindly
to rubber chicken board members. (recent Delta shakeup and Dow Jones
boards are example). Where is Chainsaw Al? Dave's tv spots need to
keep going but need more spice....very boring copy now. Writers
seem tired? Never hear anything anymore on tv about their great
hamburgers......what is going on inside??
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