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Non-Tech : Cracker Barrel(CBRL)
CBRL 25.95-1.7%Dec 26 9:30 AM EST

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To: DJRoss who wrote ()11/18/1999 2:25:00 PM
From: MStonek  Read Replies (1) of 76
 
Things don't look good. We hit another 52-week low today. The earnings report was pretty poor even though management, as usual, tried to give it a positive spin by mentioning that traffic increased by 0.2% (big deal!), even though same restaurant sales decreased again (what would this mean? More people eating, but spending less?)!

In any case, things don't look good. I'm not a technician, so I don't know were support is, but I have a feeling we'll see single digits soon.

Good luck. Michael.
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