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Non-Tech : RAINFOREST CAFE
RAIN 2.200-2.4%Feb 4 3:53 PM EST

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To: John Carragher who wrote (579)9/7/1996 11:09:00 PM
From: jimleon   of 4704
 
John, if I am you, just go in at the market. If you like the
fundamentals, go buy the damn stock. So many times I see
people trying to nickel and dime the stock, and the stock
goes to 60-70 in a year and the person never buys it.
Buying is not a science, neither is selling. Buy 200 at market
and average in 200 more at 42 or 50. Just when I thought
PZZA was getting cold (39) it rallies back. The eps
is there. Stock has been strong. RAIN is making me
fall asleep, but this is a covered call dream. I have
made around 3K selling calls and still have my 1200 at
26 shares. If the stock goes sideways for the year, I
still make around 50-100% on the calls. I dont
see RAIN falling apart. USC kicks the crap out of Illinois.
Go figure. NIU at Penn State next week. Can you say OUCH!
Line will be NIU + 42 , IMHO.
Jim
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