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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (3021)	12/12/1997 11:38:00 AM
From: buzzlite	Read Replies (1) of 4339

Thanks Taxi -- I believe they paid off the 33 million and still opened seven new stores. I thought their PE of four was pretty good -- shows how little I know. I don't have a particular affinity for the store other than the positive things I mentioned in my previous post. I've also had a few glitches with them. Overall, however, they're head and shoulders above the people they bought out here in Atlanta. Guitar Center is fast becoming the only game in town here, sadly, putting a lot of pressure on the mom and pops. The other would-be competitor is Mars Music, but I don't think they'll last long unless they do some changing fast. These comments, of course, are my opinions and only pertain to the Atlanta market. I'll look for more at Edgar and pass it on. Gotta step out for the rest of the day though. Thanks again for looking at it. BTW, nibbled some creaf today.

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