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To: Elwood P. Dowd who wrote (32965)9/15/1998 4:29:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 97611
 
Totally agree with you, El...but it is still a nicely profitable company with a pile of cash and no debt...

BOST crashed and many folks thought it was a great buy, but it just kept heading South...the big difference was that BOST had overexpanded so quickly and built up a huge DEBT (not to mention the franchisees were actually losing money...not a good formula)...RAIN, IMO, is going to continue making money just not as much as all the RAIN-lovers who had bid the stock up to nose-bleed levels, had predicted.

I think RAIN around $6 is a real bargain...of course, I don't own any yet...hope to soon.

Jimbo.



To: Elwood P. Dowd who wrote (32965)9/15/1998 4:32:00 PM
From: Bipin Prasad  Read Replies (3) | Respond to of 97611
 
There are lots of rain followers in Minnesota because they see pretty
good business at Mall of America or Disney. But what they don't see is
there are some at odd locations like in Chicago. The building stands
by itself in the middle of no where. Location location IMO. I don't
know if it'll double in a year or not. But I think folks or funds
might have to sell rain for tax loss by oct or so.

InSook