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Non-Tech : BYDS

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To: Andrew Vance who wrote (58)7/28/1997 2:29:00 PM
From: Mark Murray   of 152
 
Jan and Andrew, Boyds tells me they will announce earnings sometime this week.

I spoke to my local mechanic in the Chicago area this week and was informed that demand for custom wheels is exceptionally strong. The Boyds name is well regarded here but the competition seems to be winning a lot of business at the lower price points. IMO, Boyds needs to build revenues back to the $7.5 million quarterly run rate to make money. We need to see some positive revenue growth for this little company to be noticed. In the meantime, 3 1/2 is a very attractive price for accumulation.

Regards,

Mark
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