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Strategies & Market Trends : BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING!

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To: John C. Hom who wrote (29)10/1/1997 3:33:00 PM
From: freeus   of 53
 
I like Boston Market (or chicken) for 6-8 month hold, should double from 14. Earnings look decend now. Of course I disagree with those who dont like their food so that helps. I enjoy getting their food, especially family meals which my family likes and I also like Einstein bagels. Though Einstein bagels are twice as expensive as Price club and I am pretty well known to be a cheapskate, I buy only them now because the taste is so much better than grocery bagels. As for the earnings, I believe they have cleaned up their act. Time will tell.
I wouldnt hold it past 30 or so though, unless they come in with fantastic same store sales increases, because restaurants in general have a tough road to success. Competition is fierce.
Freeus
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