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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (229)	4/1/1998 4:23:00 PM
From: put2rich	Respond to of 650

<<Using a very conservative average monthly payment of $15/month-member monthly payments dues (once the initial membership fee is paid off fees are in this price range), or $180/month, 4 million members should yield about $720 million in revenues/year! >> They also said of success in selling vitamins, rehab service in Florida, and personal training!! Seemed like a lot of dumping at the close but the drop is tiny. I guess not many small investors long in BFIT at this high, and only funds play each others. Just hang on.

To: Pancho Villa who wrote (229)	4/1/1998 4:37:00 PM
From: Russ 5150	Read Replies (2) \| Respond to of 650

Pancho, You might have already seen this, but Bally is suing the poor guy running the "Bally's Sucks" site. You might want to tone it down a bit. Just don't want to see you have any more problems with BFT than you already have. compupix.com Your friend, Russ

To: Pancho Villa who wrote (229)	4/1/1998 11:28:00 PM
From: John Tais	Read Replies (2) \| Respond to of 650

12,500 members per club. That's what you get when you divide 4 million members into 320 gyms. Can a gym really support that many members? It seems that once a member, always a member, you just have to pay your back dues to catch up if you want to start going again. Revenues have been fairly flat around $650 million for the past 5 years. It will be interesting to see if they can force through some price increases. In the meantime, they have negative cash flow as they replace paid-up-front memberships with financed ones. This will require more trips to the debt and equity markets.