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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (6600)1/22/1998 9:34:00 AM
From: SE  Respond to of 10368
 
I happen to like RAIN very much and have made good money on the stock. I was completely out prior to the tanking so I don't feel too bad about it. I am waiting right now. PHL's news may cause a rotation out of the sector and therefore RAIN may hit my mid-10 target. Could be three to six months before it heats up again and in the meantime trading range of 10.5 to 15 or so is my guess. Anyway, you are correct about restaurants, except when the concept is hot and they are going through a massive growth phase...which RAIN is doing right now. I look to RAIN to be one of the best investment ideas for the next two years. They have some internal problems, but nothing that cannot be overcome.

Interestingly enough with everyone reporting a missed fourth quarter I would look at CAKE puts about now. They report Feb 24th I believe. Might be good for a tanking to 20 or so. Time will tell.

GO PACK GO!

-Scott

PS - Sorry about the off-topic chatter.