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Strategies & Market Trends : BOSTON MARKET (BOST) OVERVALUED AND UNORTHODOX ACCOUNTING!

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To: B. Pasternak who wrote (8)1/5/1997 11:16:00 PM
From: Candle stick   of 53
 
A fool and his money are soon parted--people are by nature greedy, and all I can say is that for every person who hates the concept of BOST there is also one who loves it and is willing to invest hoping they will be a part of the next Mcdonalds. As for me I believe that the valuation is quite ridiculous and had been shorting the stock from 36 up to 41 a couple of months ago. I am an active trader and covered all my positions below 35 for a nice profit. Nothing goes only one way and I think BOST could pop up again to perhaps 38-39 dollars where I will look at it again.
If you really want to invest in an excellent restaurant company with excellent management I strongly urge you to look at Buffets inc. (BOCB). This is a better concept, with better management, more growth potential and a very cheap valuation(relative to many of the other restaurant stocks). It is currently 9 3/8 and I see exsplosive growth for the company in the next 2 quarters(plus a nice bottom on the charts doesnt hurt either). Dump your BOST and buy BOCB, the restaurant concept of 1997.

P.S. I've started a Buffets inc. thread on SI so post any comments you may have there. It seems like a winner for sure to me and I would love to hear any comments. Thanks and good luck this year!
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