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Microcap & Penny Stocks : STGA - Saratoga Brands - Company Split

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To: Khris Vogel who wrote (4)10/17/1996 3:35:00 PM
From: david james   of 162
 
I can't say I really understand the restaurant business. I am guessing that the primary reason for the fall in the stock price is that they diluted the shares too quickly during their aquisitions. I believe they want to continue their aquistions with similar share offerings. However, the price is too low for this.
All these recent moves (stock buyback, the split, etc) may well be techniques to try and improve the overall stock price so they can continue their aquisitions. They do seem to be taking an aggressive attitude and earnings seem to be improving nicely. I obviously hope they can succeed since I would make money doing it.
Dave
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