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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (11700)	2/1/1998 2:15:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 79601

Myron and Doug: ARKR Insiders selling small amounts throughout 1997. No bid deal though as this may be an udiscovered gold mine. Only one analyst offering coverage. LADENBURG THALMANN & CO reiterated their buy rating in Dec. From the 10k recently filed: Net sales at restaurants owned by the Company increased by 35.8% from fiscal 1996 to fiscal 1997 and by 5.2% from fiscal 1995 to fiscal 1996. The increase in fiscal 1997 was primarily due to sales from the food and beverage operations in the New York New York Hotel & Casino resort in Las Vegas ("the Las Vegas facilities") which opened in January 1997. At the Las Vegas facilities the Company operates a 450 seat, twenty four hour a day restaurant (America); a 160 seat steakhouse restaurant (Gallagher's); a 200 seat Mexican restaurant (Gonzalez y Gonzalez); the resort's room service, banquet facilities and an employee dining facility. The Company also operates a complex of nine smaller eateries (Village Eateries) in the resort which simulate the experience of walking through New York City's Little Italy and Greenwich Village. Same store sales in fiscal 1997 increased by 2.6% principally due to increased customer counts. ARKR sells at a discount to it's peer group. OSSI 2 insiders sold almost 100k in July and Aug. at prices near 25. Several analyst upgrades from Oct. to Dec. Earnings are due. Outback Steakhouse operates and franchises approximately 435 Outback Steakhouse and 60 Carrabba's Italian Grill restaurants throughout the Country. Management has taken the necessary steps to eliminate the losses at Carrabba's in 1998 by closing several units and the writedown of some assets OSSI said it intends to open an additional 75 to 85 Outback Steakhouses in 1998. RYAN 8 insiders selling May to Dec. at prices near 9. Stock is constantly in a trading range and trades at a low PE compared to the restaurant sector. In the midst of a 10 million share buyback program that should bolster the stock price. Sergio