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Non-Tech : Dave & Busters (DAB)

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To: Paul R who wrote (82)7/11/1997 10:16:00 AM
From: Trevor Alexander Keyes   of 278
 
I also heard a rumor about three or four months ago. Rumor I heard and I REPEAT this was just a RUMOR was that Wayne Huizenga was looking to buy DANB through his PUCK (Florida Panthers Entertainment) corporation. I did some analysis and it looks like a perfect fit. He's got the cash to buy it and expand it alot faster than four or five units a year. More importantly it can provide much needed cash flow for PUCK.

Anyhow, I was fortunate enough to watch this weeks market action trade by trade and it sure is interesting. Tuesday starting at 3:00 someone came in and bought alot of stock. Continued Wednesday morning and since it has dried up (in relative terms). Perhaps someone is buying their 5% before they have to publicly disclose.

As much as I want to sell and take a nice profit, I have one of those gut feelings that something is going to happen. If nothing happens in the next week or so, I don't know ---

Good Luck on DANB and if anyone has heard anything else, please post or E-mail me

Trevork@ix.netcom.com
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