EINSTEIN/NOAH BAGEL (ENBX) Message Board

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Non-Tech : EINSTEIN/NOAH BAGEL (ENBX)

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To: sandman who wrote (101)	12/7/1997 12:30:00 PM
From: paul goldstein	of 148

i do not own this stock. but, i am in bost..so for conversation only... the plan to buy the franchisers is a good one, long term short term, its negtive. so, the franchisers pay themselves, their accountants, their friends all a salary and declare a loss. once its all company owned. lots of savings will emerge. so, short term it will flounder .as it is doing.. but, in january after the tax selling for the loss and once they show dec30 sales and profit statement..the game is over. they will then start to reflect the new emerging com[pamy. so shjort term? sell if you like. some will hold for a turn around. time fram? i have no idea but i do know the majority of debt is to bost and bost will not let anything happen to this operation that inpacts them, meaning bost. by the way, bost is playing out the same story and act. they too hit new lows. never said it was easy to hold a stock at the lows<grin>

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