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Microcap & Penny Stocks : TBRL - Timber Lodge Steakhouse

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To: Chris Hansen who wrote (7)9/28/1997 1:26:00 AM
From: Robert T. Quasius   of 42
 
The stock is still cheap, one of the cheapest in the universe of stocks. I think that what is needed is more attention from the street and more restaurants and positive earnings results.

Remember that TBRL is still a micro-cap and below the horizon of many institution's radar screens.

Another interesting factor about TBRL and other value plays is that the next fiscal year is just around the corner, and the already low P/E based upon current fiscal year earnings will drop another notch with the new fiscal year.

By the way, two other interesting restaurant stocks are Roadhouse Grill (NASDAQ NM GRLL), and Chicago Pizza and Brewery Co (NASDAQ Small Cap CHGO). GRLL is another value play, and CHGO has an interesting deep dish pizza and microbrewery. Apparently, CHGO stock took a dive when their chief MM/underwriter went out of business. Nothing wrong with the company - just neglected. I am long CHGO, and still checking out GRLL.

Only time will tell.
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