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


To: helkel who wrote (1058)4/1/1998 4:32:00 PM
From: IN_GOD_I_TRUST  Read Replies (2) | Respond to of 1567
 
We go lower...when will it end? Will it? ....... Steve

PS-Go BOST long!



To: helkel who wrote (1058)4/1/1998 6:40:00 PM
From: Bruce H. Becker  Read Replies (2) | Respond to of 1567
 
Actually, the 10K has been out for two days. I think the worse concerning this news is past. There were somethings in the 10K that were positives in my opinion. I think the closing of 74 unproductive stores is good. I think a lot more store will also be closing. Look at the portion that talks about Harry's Home Meal Replacements. A lot of dollars has gone into bring this along. I think if they can get a product that they can get into supermarkets they just increased their finances. If Harry's brings money in then BOST can use that money to open new stores in areas that support their customer base. Don't forget if they continue to close unprofitable stores, and expand profitable stores to match the success in Charlotte, we will increase weekly averages. Also, I believe, and this is my own belief, that as they increase the stores they own, they will need to rework the revolving credit with financial institutions, because they have more physical assets to use to guarantee a loan.

Bruce