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Non-Tech : RAINFOREST CAFE -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (4298)6/23/1998 9:34:00 AM
From: McNabb Brothers  Respond to of 4704
 
John,

Sure do not want RAIN to open stores faster then they can manage them correctly! When you only have a hand full of stores such as RAIN does they can only open 4 or 5 stores and still show 50% growth in their store base! I would really be concerned if they try to start opening more then they are now on a percentage basis! If it is a great concept as I think it is then locations can wait for the real RAIN to come and not have to worry about copy cats or other concepts taking away from RAIN!

Hank



To: John Carragher who wrote (4298)6/23/1998 10:30:00 AM
From: Derek Roth  Read Replies (1) | Respond to of 4704
 
Hi John,

Nice dialogue here between you and the McNabb Brothers.

I've also questioned the rational for opening only 8 units this year, (what was it 8 units last year too) when they are twice the size they were last year. Why the effective reduction in the growth rate? I may be kicking myself here soon, but I sold my first shares in a long time on Monday. I've needed to diversify anyway.

Derek