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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Richard Rose who wrote (216)10/16/1997 6:44:00 PM
From: Richard Rose   of 876
 
OFF TOPIC

Frank - Looked at SWRT. Like the earning, revenue and consensus estimate growth. PE a tad high but irrelevant if earnings growth continues.

Called company. Earnings out 10/22 as you may know. Looks like the run from 8 to 18 started well before the June quarters 200% earnings increase release. Drift was to be expected but at present no advance movement headed into earnings. Do you have an opinion? Street looking for 50% over previous years quarter. If they beat, should pop after the fact. Only concern is no run prior to 10/22 announcement, though did move mid quarter. 4th quarter traditionally strongest. Nice business. All things considered though, attractive long.

Richard

PS what does the radar tell you on this one?
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