Applebees Intl. (APPB) Message Board

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Non-Tech : Applebees Intl. (APPB)

APPB 0.000200

+100.0%

Mar 6 3:00 PM EDT

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To: Ahmad Sinno who wrote (12)	3/20/1998 10:19:00 AM
From: mfgrep	of 14

Ahmad-- I think that you are a smart man. I reside in Overland Park, KS. where Applebee's headquarters is. I have been in and out of this stock many times and have made some nice points (shorting the stock). In the Kansas City Star Newspaper about 2 weeks ago there was an article that stated that Applebees stock is expected to hit the 30-32 range within 12 months. It recently slumped to approx. 16 3/4 on news that AppleSouth, its largest franchisee was losing the Applebees flag. This was a huge buying opportunity as you can see the current share price is in the $23 range. Good solid company, recent International exposure, Rio Bravo (don' know much about Rio, Applebees new sister restaurant) very well run etc. etc. As a matter of fact I waited tables at an Applebees in Lawrence, Kansas many years ago (while I was in college...GO Jayhawks!) Excellent management and training. Buy Buy Buy. Jason

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