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

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To: Candle stick who wrote (15)4/19/1997 10:07:00 PM
From: Keith McAndrew   of 53
 
Candle stick...BOST owns 51% of ENBX--how does their chart look for the next two weeks?...I'm heavily short on ENBX--nice bagels, but its' valuation, even after the sinking over the past three weeks, belongs in the single digits....it's doing the same "cash loans for interest profits" thing the BOST is doing--bagel franchisees themselves are losing money...plus, ENBX can't get a secondary going due to stock price, so where is their next cash in-flow coming from.....

Keith
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