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Non-Tech : BJ's Restaurants Inc.
BJRI 37.24+1.3%Nov 13 3:59 PM EST

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To: Walker who wrote (53)11/13/1997 3:27:00 PM
From: Wowzer  Read Replies (2) of 865
 
Thanks for the update:

If anyone is buying expecting positive earnings, you may be disappointed. In discussion with the CEO back in August or September he indicated that he doesn't foresee positive earnings until 1st or 2nd qtr 98 due to the higher expenses relating to the Northwest conversions. By second quarter 98 most if not all conversions will be completed. Conversions are going about one a month. Also the 6/30 .02 per share quarterly income was due to a $191,000 insurance settlement, backing that out you would of had a .01 loss.

I am definitely looking for top line growth. I would be very happy with 7.5 to 8 million in sales for the quarter.

Rory
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