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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN -- Ignore unavailable to you. Want to Upgrade?


To: Howard C. who wrote (338)12/17/1998 2:04:00 PM
From: KZAP  Read Replies (1) | Respond to of 3351
 
Five year projections discussed.
6.6 mm shares OS
2.5 mm in float

There has been 2 mm's that have filed 15c211's to
allow RTINW to be tradable on the OTC market.

The Old San Francisco steak house deal and AMEX listing
should be completed by the end of the year.

Analyst coverage discussed.
Short interest hit on briefly.

There was, as I believe, over 30 and maybe 40 or 50
partisapants on the line. And at least one broker.

KZAP



To: Howard C. who wrote (338)12/17/1998 10:53:00 PM
From: Marc Stager  Read Replies (1) | Respond to of 3351
 
I wish I'd known sooner, myself
so you and others could have called in.

I was also off line and I logged on and posted the notice as soon as I got off the phone with Tom Aigner, who called to tell me about the conference call.

As far as additional information, Curtis Swanson, CFO, had some some very positive news (to be expected) and reassurances that the closing on the four San Francisco Steak House restaurants, not signed on the expected date of Dec. 15, is on track and likely to be inked by the end of this week. The AMEX move should follow about one or two weeks later.

Swanson said the current earnings/share is $.14 and the post-SFSH buyout EPS was forecast at .30 which will make the stock worth, at prevailing industry multiples, in the neighborhood of $15.00/share

(Am I missing something here? That puts the stock at 50 times earnings. Seems to me a bit steep. I'd be more confident about a figure 20 - 30 times earnings, making that number $ 6.00 to $9.00.)

You can reach Curtis Swanson, CFO, at 800-259-2675.

Tom Aigner is at 800-473-1914

______________________________ Marc Stager