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.

Microcap & Penny Stocks : Newriders, Inc (NWRD) Easyriders Restaurant -- Ignore unavailable to you. Want to Upgrade?

To: Gary L Schultz who wrote (63)	10/31/1997 10:28:00 PM
From: Young D.T. Nguyen	Read Replies (1) \| Respond to of 119

Gary, when I first learned about NWRD, I was a bit skeptical. Not sure what these mega-execs were thinking when they join this tiny little company. But after the last two acquisitions, I can see now why these star execs are coming together. It's a great idea/concept coming together just at the right time. And these folks have got a big plan and a clear business blue print for growing this teeny weeny company into a big one overnight. Last year, revenue was only $1.16 mils or so, with only two locations. Now, their revenue should already be over 50 mils with the last two acquisitions. By the end of next year, they should be over 100 mils with planned expansions. Based on what I see so far, there will be an expansion binge next year, with more strategic acquisitions along with planned expansions. I note with confort that all the acquisitions so far are profitable, nich businesses. Now understand why Bill Nordstrom left his lucrative stock newsletter to join a company with essentially no revenue. He saw the business plan and couldn't turn away, just like all the mega-execs on the 's company management team. It will be interesting to watch this management team 's next moves. Good luck to all.