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Non-Tech : Dave & Busters (DAB)

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To: phil who wrote (121)12/24/1997 11:07:00 AM
From: Dave Cohen  Read Replies (1) of 278
 
I'm still out here. I am watching from the sidelines at the moment. I took profits (and will be *PAYING* in April :( ) at ~26. I did this after some legal issues crept up out of the Edison Brothers bankruptcy proceedings. I am glad I did. Earnings were a little dissappointing with Dave & Busters experiencing some growing pains (if I remember margins were down some and opening expenses were putting real pressure on cash flow). This is not unusual for a company this small. *LONG* term I still really like this stock, but am cautious shorter term. I think they may well fall a good bit before heading up more. If I had cash I might try to dollar cost average over the next year, but would definitely *NOT* jump in - they are too likely to be volatile to the down side...
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