Garden Botanika (GBOT) Message Board

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Non-Tech : Garden Botanika (GBOT)

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To: Tom Hua who wrote (8)	6/4/1997 10:29:00 PM
From: Paul Senior	of 44

They seem to have a pattern: open store, lose money, open store, lose money, open store, etc. etc. Last quarter's close shows large inventory, not so much cash. (Of course when you increase the number of shops like they have, you'd expect cash to plummet.) Price half of book value, but I can't tell if there are off-sheet items - like uncapitalized mall leases - that would reduce reported book. Any info you have would be appreciated. I bought a bar of their glycerine soap - $3.00 on sale in the men's section and also some shaving cream - Stuff seems expensive to me, but I don't know. Hope you guys can clean up on this stock :>) Paul Senior

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