RTH, I also invest in tech, other industries, but I've been a lurker re: DANB, own the stock at an avg. cost of $25. ($26/24). Live near the one in Philly, was excited to see the recent break-out. Previous analysts spoke of $45 target 4-6 months ago. I think it's a great concept, huge mark-ups on entertainment, question imho is one of continuing expansion, need those ist few years of earnings increase, as multiple is climbing. Have read Dave & Paul's posts in the past, appreciate their insights. Wouldn't mind holding and seeing continued good quarterly results. (Disney will be competing by '99, that may not be bad news). Have mentioned DANB on the "Intel for wealth" thread.
Regards, Royco |
