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Non-Tech : RAINFOREST CAFE -- Ignore unavailable to you. Want to Upgrade?


To: Dan B. Brockman who wrote (4008)2/11/1998 10:04:00 PM
From: Dennis Vail  Read Replies (1) | Respond to of 4704
 
Dan, you wrote:

>>Well Dennis, the price is only one side of those ratios...how about
earnings? <<

Right you are!! Here's what First Calls estimates are as of 2/9:

EARNINGS ESTIMATES CONSENSUS TRENDS
.......................................3/98........6/98........YR 98.....YR 99...
Current Mean 0.14 0.17 0.76 1.05
7-days ago Mean 0.14 0.17 0.76 1.06
30-days ago Mean 0.14 0.17 0.79 1.11
60-days ago Mean 0.16 0.19 0.87 1.22
90-days ago Mean 0.17 0.20 0.86 1.22

Looks like we lost another penny on '99 when one of the minor
analysts finally bothered to revise his estimates from Fall of 1997.
Hope this comes out OK.

RECOMMENDATIONS LONG TERM GROWTH RATES

Current Mean 2.3 Next 5 yrs - Median 40%
Number of Brokers 8 Number of Brokers 5
Industry Recommendation: 2.4 Industry Growth Rate: 15%

7-days ago Mean 2.1 Next 5 yrs - High 50%
30-days ago Mean 2.1 Next 5 yrs - Low 30%
60-days ago Mean 1.5 Last 5 Years NM
90-days ago Mean 1.5

Anyway the estimates should start heading up from here. I think
Ucan's forte is finding bargains in Asia so I agree we should see
some benefit in the short-term on purchases there. Unless we're
locked into an unfavorable agreement in which case "Off with his
head!!!" Anyway I'd expect that Wall St has overreacted in lowering
estimates.

BTW here's a pretty cool event happening at MFaol next week:

Next Week's Duel: Rainforest Cafe

Out of the Amazon and into the rain forest we go as we take on
themed restaurant chain Rainforest Cafe (Nasdaq: RAIN) next week.

Rick Munarriz (TMF Edible) and Jim Surowiecki (TMF Cinder) will
bypass the appetizers and go straight for the main course in what will
certainly be a rumble in the jungle. Will Rick's bullish case be filling?
Will Jim's bearish case give Rick indigestion?

There's only one way to find out -- join us for a simmering
soul-searching safari in the never-ending hunt for wisdom, debate,
and some really good bread pudding.


So, until next week -- Will Duel for Fool!

Regards,
Dennis



To: Dan B. Brockman who wrote (4008)2/14/1998 1:25:00 PM
From: Dennis Vail  Read Replies (2) | Respond to of 4704
 
If you open tomorrow Chicgo Tribune to the front page of the Business section you'll find Cha Cha staring back at you from a 6x10 photo of the aforementioned Frog atop the River North RFC. The article " Been there, done that?" is a rehash of this January's events regarding theme restaurants that presents the same simplistic half truths the media cranked out last month regarding RAIN, PHL and HRC. Then on page 9 where the article is continued the reporters finally quote RAIN and PHL on the distortions of the first part of the story. Why aren't I surprised?

However getting back to the pictures on the front page......Along with the beautiful six by ten of Cha Cha and the River North exterior there are three other small ones. One is of PHL's sign, one is of HRC's sign and one is of people gawking at the fish tanks at inside a RFC. I think the selection and size accorded the photos by the editors pretty much tells the real story here. As a atttraction RAIN is at least one qualitative leap upward from PHL and HRC where the most visually interesting part of them is there signs. The future is ours!! Now if only RAIN gets a President as qualitative superior as the concept itself!!

Regards,
Dennis