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Non-Tech : KKRO Koo Koo Roo -- Ignore unavailable to you. Want to Upgrade?


To: larry ascherman who wrote (403)4/1/1998 12:21:00 AM
From: Mama Bear  Respond to of 479
 
>>>I want to bang my head on the table to uncork what I must be missing here---how do you get massive loses when customers are lined out of the door to buy the damn food?!<<<

Lose money on every sale but make it up in volume? But it would be a much different situation if there were no sales. Earnings follow revenues with good management. Thanks for the channel check.

I'm still rooting out info. There are a lot of things wrong, but I'm not sure that they aren't discounted into the price. I am seriously thinking of taking a heavy position. Of course there were a lot of things wrong with KM and AMES when they started their turnaround. We'll see how the market treats us tomorrow.

Barb



To: larry ascherman who wrote (403)4/1/1998 12:03:00 PM
From: UGA  Respond to of 479
 
I'm just sitting here, keeping my eyes on KKRO. I'm not sure if there's a location in Atlanta, but the bird sounds like it taste killer! I think most people are going to sit on the fence until we see this week out. Waiting to hear from the big man, and his position (if any at all) with KKRO.



To: larry ascherman who wrote (403)4/1/1998 4:50:00 PM
From: deep_rough  Read Replies (1) | Respond to of 479
 
Larry, I too have held this turkey for too long. As a denizen of the Pasadena store, I've realized for several years that an inept and top-heavy mgmt had virtually destroyed a co. with tremendous potential.

Allen's plan to divest the pottery & coffee, chop corp. overhead in half and reduce staff almost brought tears of joy to my eyes. It's beyond me how Berg could justify a co. of this size needing 3 presidents and 12 vp's. It seemed for a while that every time they opened a new store they'd hire another vp.

The top line continues to grow. Allen seems to know what's needed to get back on track. Iacocca lends a lot of credibility. Last time I looked, not one analyst followed this stock. That will change. Once the turnaround starts to look real, the buy recs should start coming in.

When the stock dipped to $2.75 today, I was compelled to increase my position. As someone said here earlier, I wish I'd bought Sunbeam when Dunlap came aboard.

Gary