KKRO Koo Koo Roo Message Board

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Non-Tech : KKRO Koo Koo Roo

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To: Chicago who wrote (288)	12/18/1997 1:41:00 AM
From: Ted Levy	of 479

I'll go beyond that. I predict that KKRO's talent for stock dilution and regular net losses (their latest 10-Q predicts much more of both to come), coupled with the uncertainty surrounding the divestment of CMM and the performance of the Hamlets, will at some point temporarily push the stock below present book value into the high $1 range. Since shares outstanding has become such a movable feast anyway (it's like trying to buy real estate on a shifting sand dune), I won't consider buying again until this bird hits my target of $1.75... Ted

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