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Non-Tech : RAINFOREST CAFE
RAIN 3.400+2.1%Jan 16 3:39 PM EST
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To: J. Kittle who wrote (4313)7/1/1998 10:57:00 AM
From: Mel Boreham  Read Replies (1) of 4704
 
Jeff, thanks for your reply, I think that places like Las Vegas have some appeal now that it have become sort of a "familiy" vacation spot compared to what it used to be. The food business in Vegas is so very heavily subsidized by gambling interests that RAIN will have a tough time competing with other places on a food value basis, but on the other hand the Cafes do have other factors that appeal to the public so you may be right. I hope that they can get their foot in the door with the new Disney expansion in California as well. Good on your timing in and out of RAIN, I wish I could say the same, although I do have an avg price of around 14 or so. Wish I had sold out last fall when it hit new highs. Same goes for IOM which is well off my avg price (about 4 points). Am trying to be a patient investor and not sweat the doldrums. See you later, Mel
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