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Non-Tech : wendy's
WEN 7.790+0.9%Jan 30 9:30 AM EST

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To: Cytokine1 who wrote (9)2/6/1997 11:56:00 PM
From: Robert Frisbee   of 91
 
Martin,
This dog has been sitting between 19-22 for too long....all the while the market goes wild.
Menu it so screwed up and long the operations have to be crumbling
inside. This creeps into a system and before you know it,,margins
deteriate and operations go bad. Same thing happened to them
in the mid-80's. Now they bought a coffee and donut shop outfit
out of Canada and will spin their wheels trying to build it in
the US........this equals disaster in my opinion. No chain has
been successful losing focus and splitting management focus.
Current leadership must be looking for a short term boost in the
stock so they can retire to the beach and let it collapse around
the next administration. As stockholders we will be hurt if we
don't get out at the same time.
The board of directors should be held out to dry by the press.
Just my opinion so let's watch this one.
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