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Non-Tech : BUNZ -- Schlotzsky's, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Brian Gross who wrote (73)4/6/1998 2:45:00 PM
From: Jimbo Cobb  Respond to of 121
 
Schlotzsky's Shares Plunge After Raymond James Cuts Rating

Dow Jones Online News, Monday, April 06, 1998 at 12:51

NEW YORK -(Dow Jones)- Shares of Schlotzky's Inc. plunged Monday
after Raymond James & Associates cut its rating on the sandwich chain's
stock from "neutral" from "buy."
A contact at the firm, which was the lead underwriter of Schlotzsky's
initial public offering of 2.25 million shares in 1995, didn't provide
further details on the downgrade.
At trading near midday Monday, Nasdaq-listed shares of Austin,
Texas-based Schlotzsky's (BUNZ) were off $5.75, or 28%, at $14.75 on
volume of 608,600, more than 10 times greater than average daily
turnover of 56,512.
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.



To: Brian Gross who wrote (73)4/6/1998 5:34:00 PM
From: Jimbo Cobb  Read Replies (2) | Respond to of 121
 
If BUNZ drops down to $10, I think it will be worth purchasing a few shares...

Wonder how bad the news will be...