Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Carragher who wrote (4040)	2/22/1998 2:16:00 PM
From: Dennis Vail	Read Replies (1) \| Respond to of 4704

Here is a method that would track Same Store Sales very accuaretely if everybody would participate.The restaurant receipts given to diners at RAIN are numbered sequentially to 99,999. If individual investors will post the unit, receipt# , time and date thats printed on the dinner check we could monitor table turns at each unit. Dave Jones at SI has estimated that each table trurn represents an average of $40 in restaurant and retail revenue and $5 in earnings for RAIN. Personally I think you'd have to tweak those numbers a bit unit by unit. I think the Icons would be a bit higher. But over time we could adjust them very precisely. Moreover from quarter to quarter you would be able to o gauge as a % how much table turns at each unit are up or down. Dylan has opened a RAIN shareholder website that has a page set up to do running calculations unit by unit based on these receipts numbers. The problem is so far the only people imputting receipt numbers are Dave, Dylan and myself. This could be an extremely powerful tool if we would utilize it. Here's some links to the site in general and the receipt calculator in particular. If people don't want to bother posting the info there, just post it here and I'll be happy to repost it there. Here's the receipt calculator page: chem.ucla.edu Here's the homepage: chem.ucla.edu Please save your restaurant receipt and post the unit name, receipt number, date and time either here or at the shareholder receipt site. Regards, Dennis PS. Thanks,John!