SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1997 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pancho Villa who wrote (7472)11/24/1997 11:25:00 AM
From: ted free  Read Replies (2) of 9285
 
Pancho & Eric- BFIT continues to show a lot of hype. The refinancing of the 13% notes will result in a 20 mil loss. While it lowers the interest rate to 9 7/8% its main feature may be to push out the due date to 2007.

Selling more financed memberships will show higher margins however I expect to see member processing and collection expenses to climb. They claimed reduced expenses for collection center services the recent 10Q.

Eric I agree with your opinion of the "BFIT Essentials Shops" not being a good use of space. The "new line of nutritional supplement products" is doubtful as BFIT name doesn't carry any weight with most of the public.

Many of the recent press releases are a lot of fluff. The release that shows a decrease in body fat while exercising at BFIT is certainly one. It looks like the present management is going to keep the fluff coming.

Short YHOO, GTW, AMD and BFIT soon.

Regards, Ted
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext