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Strategies & Market Trends : Classic TA Workplace

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To: reaper who wrote (66624)	2/18/2003 12:21:16 PM
From: marginmike	Read Replies (2) of 209892

you should reconsider your view towerds CAKE. Price is high but growth potential is MASSIVE. Even if the are Cake express etc. I think Management has been to conservative with growing that franchise. Cake is like Starbux, or Krispy creme was before they got into their growth groove. IMHO Paying 20-30PE is not so high when 8 resteraunts a year with no same store sales increase would easily beat that growth level.IMHO

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