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Non-Tech : BUNZ -- Schlotzsky's, Inc.

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To: cascara who wrote (103)7/3/1998 9:29:00 AM
From: john griffin   of 121
 
It dropped lower than I expected, but finished about where I expected.
We should see the mid $20s like you say.
There is a possible major problem for all stocks, Asia markets, currencies etc. If they continue to go bad, the overall markets will go down. If people have to cover bad stocks they will even be selling good stocks like BUNZ to get funds, to many sales and all go down.
Looking for reasonably stable US markets, but trying to keep my eyes open. Some what worried and holding more cash than normal in my retirement fund(RRSP in Canada).
I think BUNZ is good long term, my largest holding---have it for my kids, my RRSP and my mother's account.
Let's get to $25 this year then grow at 30% for years---John
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