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Strategies & Market Trends : RAINFOREST CAFE (RAIN) RESTAURANT AT 136 P/E-

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To: mike linnihan who wrote (6)1/6/1997 10:45:00 AM
From: Candle stick   of 12
 
Wow, 16 points off the highs in less than 3 months--45% decline and the market gained what?? 1000 points?! I think RAIN has finally come back to earth--there is a triple bottom at 20 and that should hold, for awhile anyway. For all of you who loved the concept now is the time to start buying. Albeit the p/e is still high at 83, the stock now has some technical support and is a fast growing company.
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