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Non-Tech : KKRO Koo Koo Roo

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To: larry ascherman who wrote (295)12/24/1997 11:58:00 PM
From: deep_rough   of 479
 
When a stock loses 75% of its value in 6 months, there is often some baaaaaad news in the wings that mgmt. isn't talking about. Since the chicken stores still seem to be doing good business and the top line is still growing, I'm guessing that the financial impact of the pottery and Hamlet blunders hasn't been fully disclosed yet.

In addition, their losses keep increasing yet they do nothing about the extremely topheavy mgmt. structure. Wouldn't you think that V.P. - Mashed Potatoes and V.P. - Butternut Squash could be consolidated into one position? Am I being facetious? Look at the list of officers in their annual report. This little piss-ant company has 3 presidents!

I'm not predicting anything, and I hope I'm pleasantly surprised, but I won't be all that shocked to see the symbol KKROQ in the near future.

Is it a buy now? I thought it was a buy @ 7 three years ago. The stock market knows more than I do. It doesn't think much of this company. I might speculate some more when it hits 50 cents.

Gary
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