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Non-Tech : RAINFOREST CAFE
RAIN 3.830-1.0%3:59 PM EST
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To: Terry Audette who wrote (970)10/12/1996 11:29:00 PM
From: Dennis Vail   of 4704
 
Terry,

TOWV had me a tad worried for a while but it's looking very promising right now.But it still a gamble more so than an investment.

I'm still very high on WRSI long term.However they filed a peculiar amended S-3 on 9/30 regarding an offering of 625,000 shares of stockholders share and I'd reaaly like to talk to the company about whats going on.Also it will be interesting to see the various holdings at stocksmart.com when the 9/30 update is filed.Let's just say some of the names of the selling shareholders make me leery.I'll post you more later when I understand it myself.Otherwise I think the company is moving into a very nice niche.

So where does it look like RAIN is going from here... and how fast?What is there about 3 weeks to earnings?I suspect it will flutter upwards til then.I feel the same way you do.Part of me would like to see RAIN visit the 20's again for accumulation.Enjoy the rest of the week-end.

Warm regards,
Dennis
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