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Non-Tech : RAINFOREST CAFE
RAIN 3.339-4.6%3:59 PM EST
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To: John Carragher who wrote (2859)8/6/1997 9:01:00 PM
From: Marshall Teitelbaum   of 4704
 
John and all,

Up and back we go. Looks like it might hang in this range for a while still, as the bulk of the openings won't be occurring until 4q. Meanwhile, apparently several of the estimates for the 3q have been revised downward a bit..upper teens to .20ish. Only a short-term effect, as all of the analysts either maintained or upped their estimates for the year, interestingly....does this mean they expect a killer 4q, or are 1q and 2q earnings going to be changed?! ;) Patience is turning out to be a required trait here, however. Maybe some have been going over to DANB during its recent run up to 35??

Take care,

Marshall
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