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Non-Tech : Red Robin Gourmet Burgers (NASDAQ: RRGB)
RRGB 5.150-4.1%3:49 PM EDT

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To: tktrimbath who started this subject1/27/2003 6:34:03 PM
From: tktrimbath  Read Replies (1) of 8
 
my informal semi-annual synopsis

RRGB (HOLD to BUY)
This is part of my quick review of my stocks that I do as a semi-annual sanity check of my investing technique. Feel free to comment (but please not flame). I am interested in other's opinions and insights.

I was so glad to hear that Red Robin had gone public. We've probably bought in a bit too early. Waiting for the insiders to sell at the six month window would have been a good idea. In the meantime I will hold the shares because we like how well they have identified a niche and designed themselves to fit it. It is a natural for families with kids that can also work for the teenage date crowd and even business lunches. I don't like the debt level but that is understandable for the number of expensive facilities they are building. We might buy more after January. Their target demographics aren't going to change. If they maintain the philosophy and service then they might produce some impressive growth.
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