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Non-Tech : Schlotzsky's Inc (hybrid between McDonald and Subway)

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To: LarryS who wrote (28)8/14/1997 4:22:00 AM
From: Olaf Koch   of 63
 
Larry,

I agree with your positive opinion about BUNZ. Here in Germany I could eat at the first German Schlotzky's in Cologne where I live. It's a quite unique concept and I feel most visitors liked it. I talked with the retaurant manager who is very satisfied with the first half year performance though he didn't reveal any numbers. He plans to open more units during the next years. The German general franchise licensee were there too.

Schlotzky's plan is to open about a hundred units in Germany over the next five years. I think this is a reasonable number and because franchise concepts are still underrepresented compared with the US there's lots of opportunity.

I haven't decided to buy but every day I wait I see increasing stock price. Do you think a BUNZ rally is around the corner?
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