Eat At Joe's (BB:JOES) Message Board

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

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To: christopher who wrote (153)	1/31/1999 11:47:00 AM
From: david stein	Read Replies (1) of 343

chris, the report seems fair enough but of course a lot is just speculation. How can you accurately predict revenue and profits for a start up business. especially one so unpredictable like a diner? As for price that really depends on how interested investors will be in it. JOES was selling for over $3 last year when it had NO open diners and only losses, no revenue. You would like to think if it is profitable it could at least sell for that price again. I like the idea that they are taking time to improve the quality of operations not just forging ahead with too rapid expansion. And if the chain aquisition is showing a profit as they say, then they could hit the ground running with over 20 profitable locations. these numbers can't be ignored(if proven true) david

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