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Non-Tech : KKRO Koo Koo Roo -- Ignore unavailable to you. Want to Upgrade?


To: larry ascherman who wrote (295)12/24/1997 1:14:00 PM
From: Labrador  Respond to of 479
 
obviously, a great food does not equate to a great stock price. one has to be able to make $$$ too.



To: larry ascherman who wrote (295)12/24/1997 11:58:00 PM
From: deep_rough  Respond to of 479
 
When a stock loses 75% of its value in 6 months, there is often some baaaaaad news in the wings that mgmt. isn't talking about. Since the chicken stores still seem to be doing good business and the top line is still growing, I'm guessing that the financial impact of the pottery and Hamlet blunders hasn't been fully disclosed yet.

In addition, their losses keep increasing yet they do nothing about the extremely topheavy mgmt. structure. Wouldn't you think that V.P. - Mashed Potatoes and V.P. - Butternut Squash could be consolidated into one position? Am I being facetious? Look at the list of officers in their annual report. This little piss-ant company has 3 presidents!

I'm not predicting anything, and I hope I'm pleasantly surprised, but I won't be all that shocked to see the symbol KKROQ in the near future.

Is it a buy now? I thought it was a buy @ 7 three years ago. The stock market knows more than I do. It doesn't think much of this company. I might speculate some more when it hits 50 cents.

Gary



To: larry ascherman who wrote (295)12/29/1997 1:01:00 AM
From: Andreas Samson  Read Replies (1) | Respond to of 479
 
>>Is there some financial wizard out there who can enlighten with objective and educated analysis?<<

I'm not a wizard, Larry. However, one need not be a wizard to notice there is no earnings growth.

The indivudual stores seem to be doing quite well from a Peter Lynch perspective (I eat there and like it, people I talk to like the place, they seem to be doing good business, etc), but the company is not making a profit. Revenues are not increasing per store, and do not show any sign of doing so in the future. Any future revenue growth is premised on opening more and more outlets, but it's still not clear that will get KKRO into the black, and if it does, that margins will be anything more than nominal.

My take: they lack a killer instinct. Two years ago, they had a wide-open shot at the single best take-out location on the West Coast, at the corner of Church and Market streets in San Francisco. It was empty for over a year. Boston Market took it instead. I say it's time for some brass-knuckled marketing along the lines of McD or Pepsi. They'd know what to do with the franchise.