SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : EINSTEIN/NOAH BAGEL (ENBX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Berkowitz who wrote (35)9/3/1997 5:24:00 PM
From: Roader   of 148
 
A stock like ENBX ought to trade at 40x like SBUX but its hassles with lawsuits and uncertainty of growth (# of outlets in 1998) seems to have popped this puppies balloon. I have been watching ENBX for some time looking for the right entry point. Operations seem to be firing on all cylinders. And lets face it, if Same STore sales continue at a 5-6% run rate, with 330 store openings in '98 this will no doubt be a $25 stock (40x .62). Lets face it, do these law suits have merit or not. I have not suceeded in reaching the company to get a feeler on this. We also may want to find out how comfortable they are with First Calls .16 est for Sept. While running the company well is primary, Mgnt needs to prove that previous earnings are REAL earnings and not just the hot air alleged by the plethora of law suits.

Roader
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext