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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: JOHN BLOCKYOU who wrote (37)3/7/1997 8:40:00 PM
From: wfrazee   of 876
 
They have several locations in mind but the next location they are persuing is Denver. They couldn't get the deal they wanted on a specific piece of property there and were continuing to search for another location. One thing this company has done right is to be picky about location. Money is to be made only if you can draw the customer's in. They have positioned themselves in locations where other things draw the crowds, and by the way - let's stop here for a meal, it looks neat. Expansion is necessary, but I've seen GOOD businesses go fold because management wanted to grow faster than capital and revenues allowed. There's a happy medium that must be found and I don't think the old management had a clue. Maybe the new management does.
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