BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING! Message Board

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

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To: Howard Schellenberg who wrote (20)	6/5/1997 4:16:00 PM
From: Candle stick	of 53

I don't see how you calculate fair value as 20-30$ ?...sounds awfully vague to me....I shorted above 40 dollars and have already covered simply because I have a new short with more potential in a shorter time frame (its CDRD, if you are interested). My calculations of fair value puts BOST into single digits. Remember, they are not really in the business of selling chicken( they have never made a dime from that) but rather in the business of making bad loans to thier own franchisees who, of course cannot pay them back because <GGG> they dont make any money selling chicken!!!!Ha! This house of cards has already begun collapsing and as is typical of Wall Street they are just catching on now after a 25 point decline from 40+ to 15-........Next house of cards I see is CD Radio (cdrd) check out the thread on SI and read my analysis there if you want to make some real money. techstocks.com Buying BOST looking for the bounce is catching a falling knife and likely to cost you dearly......;^)

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