SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Libbyt who wrote (13678)5/7/2002 2:54:52 PM
From: LK2  Read Replies (1) of 23153
 
Libbyt, RE: SALD. A lot of restaurant stocks have been strong this year. SALD has not.

I can't tell you anything that's not really obvious from a quick check at Yahoo.

The last 3 quarters at SALD the revenues and eps have been down (or they reported losses).

That's the main reason SALD has not shown the strength of many restaurant stocks. MCD (McDonald's) has also been weak, also due to poor revenues and eps.

Another problem with SALD is that it's a microcap. Yahoo says there are 5.91 Million shares outstanding. Average daily volume is 3-4 k shares. So it could be expensive getting in and out of the stock.

These restaurant stocks don't all trade as a group. You can have some that really fly when their concept is hot, usually when they first start trading. But even though you personally might like the SALD idea of a fresh salad bar and think it's healthy, the market is cold to it right now, because of the poor recent revs and eps.

Regards,

Larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext