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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (7536)11/25/1997 10:25:00 PM
From: tcarnes  Respond to of 9285
 
dear bill my valuation of co. places a very high value
on sales. a very over valued co. can get money to
continue operations if sales are good. I see expenses
being spent in expanding operations and clubs. the cutting
of employees is in the older clubs that are closing
more labor intensive and costly for the co. overvaled
yes a major dog no. i could be wrong tj.


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