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Non-Tech : Coinmachine Laundry -- WDRY -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (26)	2/14/1998 10:50:00 AM
From: Mike Greene	Read Replies (1) \| Respond to of 116

I agree! I also went long at 21 1/8.....Should be good for 2 to 3 dollars Tuesday! Oversold!

To: Cosmo Daisey who wrote (26)	2/14/1998 10:58:00 AM
From: Kip518	Respond to of 116

Dr. Coz, I must admit that I took you as knowing what you were talking about with CUNO (yet to be proven). With all due respect, I think you are all wet on WDRY. You buy that stock and all you own is debt to somebody else. Those quarters may be dumped one after another into millions of washers & dryers, but none of them will come to you. If institutional investors like simple ideas, that's one. Best wishes, RP

To: Cosmo Daisey who wrote (26)	2/14/1998 11:54:00 AM
From: Pancho Villa	Respond to of 116

Cosmo: My reply is not to be a pain in the neck. It is just that I am concerned about a nice guy like you getting burned. >>We are talking about the largest laundry processing company in the country<< noone doubts it! Reminds me of RAYS. They were are largest sunglass chain in the US (World). Tremendous revenue growth until hell broke lose. I was lucky I got in at around 8-9 when I thought there was value (Fall of 96?). Ended up selling at 8+ last fall. BFIT is also the largest Gym chain in the US. >>My buy order was filled on Friday at $21<< The stock is way overvalued. I go into great detail of why I think this company is overvalued on a post last December. If you check my posts at Rogers right after the Asensio piece came out I give the link(s) to the old messages. >>What could be simpler than WDRY, put in a quarter and your clothes and get them clean. << If you read my analysis you will see the key problem I see is return on assets, they have invested far too much on their acquisitions. Good luck with your position, even though I guess this means wishing myslef bad luck as I am short this puppy from 28+. Pancho