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Non-Tech : KKRO Koo Koo Roo

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To: rugman who wrote (422)4/11/1998 10:20:00 PM
From: vibaby  Read Replies (1) of 479
 
rugman, are you sure you read the same article I did? Nowhere is there any mention that it's going to $5. In fact, quite the contrary:

"Iacocca is going to turn that around? No, I don't think so. Maybe two years ago the company could have been sold to Boston Chicken Inc. for a few bucks. But that operation is nothing to cackle about, either. Boston Chicken is losing money in all directions-for much the same reason Koo-Koo-Roo is. As we warned would happen in 1996, its stock has crashed and burned, and it's now selling for less than $5 per share-a loss of 85 percent in value since we warned investors to get out.

Wise up, Lee-that's where Koo-Koo-Roo is headed, whether you want to believe it or not. As that great social philosopher Meatloaf sings, "You can't dig for diamonds on a sandy beach, and you can't drill for oil on a city street." And not even the legendary Lee Iacocca can make a profit selling chicken sandwiches no one wants to eat."
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