Dave & Busters (DAB) Message Board

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Non-Tech : Dave & Busters (DAB)

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To: Paul R who wrote (63)	6/2/1997 6:11:00 PM
From: Dave Cohen	of 278

I have heard nothing about earnings except that Zacks $0.26 consensus estimate. I personally expect better. In recent days the company has made two significant announcements. First, they have more thane doubled their credit line to $50 million. This is key because it should fund their expansion plans "through 1998" without any need to make any new stock offerings. This means no dilution for us albeit at the cost of some more debt. The second item of note is the opening of their first overseas store in Birmingham, England on the 22nd of May. Evidently the terms of their lincensing agreement with Bass are such that they recieve $100,000 for each store opened in addition to 5% of the gross. Dave

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