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Non-Tech : Il Fornaio (ILFO)
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To: Jean-Pierre Abe who wrote (22)9/30/1998 12:44:00 PM
From: Dylan  Read Replies (1) of 28
 
Jean-Pierre,

The restaurant sector as a whole has been hammered this year. I saw a list recently of about 40 restaurant stocks, all at least 40% off their 52 week high. It seems to me that this will change, but only when several of these companies start to beat earnings estimates... I do believe that the present price is very attractive, though I am uncertain when things will change for this sector. -Dylan
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