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Non-Tech : Roadhouse Grill (GRLL)
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To: Ed Bowes who wrote (34)3/11/1998 9:41:00 PM
From: JCS  Read Replies (1) of 72
 
I think you are correct. 7-8 seems like a reasonable target for this Spring IMO. Piper Jaffray had 10-12 as a target in the year that they brought out the IPO. The company is now well managed and considerably larger. Hopefully last quarter took care of all the special charges. I still think we'll see the company sold. As I've said before, when I look at the backgrounds of Mssrs. Tan and Sabi, I can't see them making a career out of running GRLL.
It looked like there was a block of around 50,000 shares traded this morning which was interesting since all other trades have been very small. Best wishes.
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