Kona Grill Restaurants Message Board

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Non-Tech : Kona Grill Restaurants

KONA 0.0395

+71.7%

Jan 21 3:00 PM EDT

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To: gladman who wrote (59)	5/1/2008 1:53:28 AM
From: Tom Caruthers	Read Replies (1) of 62

Q1 2008 results out. biz.yahoo.com They need to expand their top line to get profitable. But can't see how they can expand without having to raise more money. But their results can't support the stock price. This might be a downward spiral in this weak consumer environment. I still like Kona's concept. Just right now, conditions are not good for them. Plus with minimum wage increasing this summer, labor costs - already at 34% of sales - will eat up more margin. I will wait for the stock to go down more before buying. Tom

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