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Non-Tech : EINSTEIN/NOAH BAGEL (ENBX)
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To: Rich Genik who wrote (143)9/14/1999 10:49:00 AM
From: John Lacelle  Read Replies (2) of 148
 
Rich,

I am not enough of a financial wizard to know if the
cash flow problem is temporary or permanent. I thought
the chain had a lot of potential. However, I was once
in one of the Noah Bagel stores in Southern CA and I
was talking to the manager about the company. He told
me not to invest...that the company was very poorly
run. I took his advice and now just monitor the situation
to see what comes of the chain. I do like their stuff
and I eat in one local store like 3X a week. I'd say
that the store could be a great turn-around but there are
only so many Lee Iacocas out there to save troubled outfits.

-John
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