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: Grommit who wrote (29235)	12/13/2007 9:37:30 PM
From: Mark Marcellus	Read Replies (1) \| Respond to of 78825

KONA does look interesting. Considering the stage they're at the numbers look pretty good. They look like they aim to be the next PF Chang's, and that's certainly a possibility. A couple of things I wonder about. First, why invest this early? They still have plenty to prove about the sustainability of the concept, and there's probably going to be plenty of time to get in at a good price (unless you're betting on them selling out early to a bigger player). Second, management seems light on experience in the restaurant business. To me that's the most critical variable in the success of restaurant startups. Re my ideas for 2008, I've got very little. This is about as light on ideas as I've ever been - probably because the real values are in the financial area, and I don't do financials. One thought on the other end of the upscale casual growth curve - PNRA is looking pretty cheap.