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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (675)4/16/1998 4:45:00 PM
From: Greg M.  Respond to of 4634
 
TRBO has a new CEO. But upon hearing today's news of the Cedant debacle(CD), I knew I had heard that name before. Sure enough, from TRBO's quarterly report:

"To date, thirteen HFS (Cendant) franchisees have commenced initial field testing of the TurboChef system with the purchase of sixteen units. Others are in the process of evaluating the results of these initial installations, completing their own internal development of proprietary menus or evaluating other foodservice brand partners before proceeding with the purchase of a TurboChef cooking system. While the Company believes that Cendant views its technologies as key components of their hotel foodservice strategy and expects revenues from this relationship to increase in 1998, it is not possible to predict the timing and number of system purchases that might occur."

Click on any of the first forty (40!) or so articles from today & yesterday: biz.yahoo.com