wendy's Message Board

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Non-Tech : wendy's

WEN 7.790

+0.9%

Jan 30 9:30 AM EST

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To: Wayne Allen who wrote (7)	10/12/1996 12:01:00 PM
From: Roland Kahn	of 91

I think a drip plan is a good way to go for a long term investment. I hope you are doing this with other stocks though. You need the diversification of at least ten stocks in different business sectors. Otherwise you should be in a mutual fund. If the market were to correct a bit the Vanguard S&P 500 Index fund might be a good thing to start making regular deposits into. If you are putting the whole wad in one stock, it could be a very gut wrenching ride as Wendy's market price moves up and down. I could easily see Wendy's back in the high teens or mid teens if the market were to correct. You'll have to keep a close eye on their debt load too. The baby boomers are strting to turn 50. I wonder if they'll be more inclined to order pizza at home than to eat fast food in restaurants?

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