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Microcap & Penny Stocks : Eat At Joe's (BB:JOES)

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To: J.AUGS who wrote (99)1/8/1999 3:52:00 PM
From: david stein  Read Replies (2) of 343
 
my only concern now is are they expanding too fast and will they be able to handle it. Before they were slow and steady, one diner at a time. Rapid expansion can lead to problems and a slowdown in business can be a disaster to an over extended small company. Also quality control in a chain can suffer if they donot have the staff to over see the entire operation. Of course i am not saying these problems are going to occur just that it is a concern. obviously investors are not jumping on the bandwagon yet either. The announcement did not cause any price increase. A good earnings report should do that. But expansion of this magnitude--I think people need to be convinced
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