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Non-Tech : Cramer Touts
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To: ~digs who wrote (154)8/25/2005 10:34:45 AM
From: John Carragher  Read Replies (1) of 843
 
applebee's steak was $15. ruths was $125. without vegs,, vegs extra.

applebee's is ok place , i go there sometimes with folks who like it.. i do not care for it that much, to me same as all the rest of hamburger , plus places.

now Ruths i do not care to spend the money to go there. i would prefer to buy my own at those prices and cook it at home and do as good a job. Now if i was still working and on expense account then Ruth's would be the place to take a customer. Otherwise it is like throwing money away imo.

if companies cut back on business expenses Ruths will die .

I assume cramer is correct about Ruth's growth. the ipo i expect was for cash to expand the business. more ruths = more money coming into business. applebees is already established.

we also got lower middle income going to applebees and i expect gas and home heating cuts into the spendable income. ruths it shouldn't make any difference.
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