Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (26798)	5/9/2007 10:38:29 PM
From: Madharry	Read Replies (1) \| Respond to of 78525

I wouldnt bet the farm on it, definitely not in my top 10 list, but I hope at these levels patience will be rewarded. there were certainly lots of questions at the conference call. I will probably check the website tomorrow to see if the annual meeting is taped too. The new mgmt guy I think has correctly identified the problems facing the company and I think the deal with churchill downs makes a lot of sense. I thought it was a very savvy comment that they are taking a hard look at their food and beverage operations with the idea that having a name franchise in there would fill up more up of their tables. Clearly the company will have to show investors that they are serious about turning things around by selling assets paying off debt and increasing margins. But Its not like they have enormous competition. They just have to execute.

To: Wallace Rivers who wrote (26798)	5/10/2007 10:17:18 AM
From: Madharry	Respond to of 78525

I wouldnt bet the farm on it, definitely not in my top 10 list, but I hope at these levels patience will be rewarded. there were certainly lots of questions at the conference call. I will probably check the website tomorrow to see if the annual meeting is taped too. The new mgmt guy I think has correctly identified the problems facing the company and I think the deal with churchill downs makes a lot of sense. I thought it was a very savvy comment that they are taking a hard look at their food and beverage operations with the idea that having a name franchise in there would fill up more up of their tables. Clearly the company will have to show investors that they are serious about turning things around by selling assets paying off debt and increasing margins. But Its not like they have enormous competition. They just have to execute.

To: Wallace Rivers who wrote (26798)	7/1/2007 6:43:06 AM
From: Madharry	Read Replies (3) \| Respond to of 78525

meca. although i'm out of the stock . Only fair to report an unanticipated development : the new ceo, whose presentation was one of the primary reasons i purchased the stock at the time, has left the company after 4 months on the job to "pursue other opportunities" collecting a $1 million severance package. I was lucky to have taken the quick profit when I did. I would be very leery of buying into this company again.