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Non-Tech : Boston Market (BOSTQ) -- Ignore unavailable to you. Want to Upgrade?


To: rich eng who wrote (1049)3/31/1998 9:57:00 PM
From: IN_GOD_I_TRUST  Respond to of 1567
 
Debt piles up in purchasing stores, people betting that stores will not be successful and debt is not successfully paid off.

Buying the stores is a big gamble if stores are not profitable. It leaves one entity with all marbles, BOST. People are betting on non-success of the stores and debt accrual never successfully getting paid back, in other words, BOST goes belly up.

That's what this is about. Your right, people knew about the buy-backs. But obviously they think the buy-backs will not work out. No evidence right now that store profitability problem has turned around. And until in-store sales improve, price has no support.

This investment right now is risky, as I said before, if you don't bet on long term success of BOST. That's what the street is saying... Steve



To: rich eng who wrote (1049)4/1/1998 12:03:00 AM
From: cAPSLOCK  Read Replies (1) | Respond to of 1567
 
Management goal was to convert from franchised to company owned stores. They continue to make progress toward this goal. However BOST continues to fall. Could someone please offer some type of explanation as to why.

Thats EASY Rich! If you are an investor, or interested in becoming one then it is mandatory that you read this:

freeedgar.com

Boy, thats a huge link...

This 10K was filed with the SEC *TODAY*. It is no coincidence that the 'positive' news release ALSO came out today.

Read it. You will see exactly why BOST is still falling, and let me tell you this: If BOST closes below $5/share, and it looks like it is going to, the shareprice will be sucked into a whirlpool by the selling pressure created from margin calls. Look at the rules of your brokerage as to what price a stock must be to be marginable. I'll bet you 1 share of bost that thet magic number is 5.

Good Luck! And happy DD.

James