SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : RAINFOREST CAFE
RAIN 5.540+13.8%Nov 25 3:57 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: McNabb Brothers who wrote (3715)1/8/1998 12:13:00 AM
From: Derek Roth  Read Replies (1) of 4704
 
McNabb Brothers,

Congratulations on your purchase today! Your reasoning for the possible same store drop seems to make sence. In addition, have the fundamentals changed? Not that I know of. Remember, just six months ago, $18 was a steal. Now, after more locations and more profits some are afraid of this company. Just yesterday all the analysts had buy recommendations. Today we drop 40% just because we miss estimates by a penny. This price looks pretty attractive to me. Whats the "98 PE now? I think this is an absolute steal at this price. Too much emotion was involved today. I look for a big bounce here soon. However, only time will tell.

Remember most any other company like RAIN would die for RAIN's individual store performance. A poor RAIN location is still FAR better than almost all of its competitors.

Good luck to everyone in whatever they decide.

Derek
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext