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Non-Tech : Dave & Busters (DAB)

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To: Chris Bigelow who wrote (162)9/23/1998 11:52:00 PM
From: zook2   of 278
 
Moved over a million shares Tuesday and a block of over 300,000 moved across the screen. The action on Wed suggest that this lifted some of the selling pressure on the stock and the action today was fairly good. I hope the sellers are out of the stock and we can look for some upward bias. Store opening was strong and still look to double stores by end of year 2000. Trading 10 % below my lowest band if the secondaries move in concert the stock should see 17 soon. Fair value is adjusted down based on the lesser premium paid on concept restraunt stocks but the number is still low 30s. Short term action is still negative but this could change.
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