To: William Brotherson who wrote (427 ) 2/5/1999 8:49:00 AM From: Lee Walsh Read Replies (2) | Respond to of 3351
For any Newcomers that might be looking at us today....I thought I post a Summary of RTIN... Summary on RTIN – Restaurant Teams Intl. Inc. Address: 1705 E. Whaley Longview, TX 75605 Phone: (903) 758-2811 Price was up 1.06 Today and finished at the high of the day $3.00 Business Summary Restaurant Teams International is the developer and operator of the Street Talk Cafe and Fresh'n Lite Cafe and Grill concepts, with restaurants operating in Texas. For the nine months ended 9/30/98, sales rose 20% to $2.8 million. Net income totaled $604 thousand, up from $42 thousand. Revenues reflect a full period of operations for the Valley Ranch and Colony facilities. Earnings also reflect reduced depreciation and amortization and a $263 thousand gain on the sale of assets. Note: New numbers for 4th quarter should be released any time and should show a good increase again... OSF Revenues will be added for 1st quarter 99, and should at least double revenues/earnings. Officers: Stanley L. Swanson, Chmn./CEO Henry Leonard, Pres./COO Curtis A. Swanson, Exec. VP/CFO/Treas. Email: curtis@freshnlite.com Jean Hedges, Contr. Carole A. Swanson, Secy. Investor Relation: Tom Aigner (817) 577-3545 tmaigner@home.com Price and Volume (updated Feb 4, 1999) 52-Week Low $1.375 Recent Price $3.00 52-Week High $5.00 Daily Volume (3-month avg) 82,000 Share-Related Items Market Capitalization $19.5M Shares Outstanding 6.51M Float 4.80M Effective Float: 3.0M Fully Reporting --OTCBB Per-Share Data Book Value (mrq) $1.01 Earnings (ttm) $0.14 Sales (ttm) $0.53 Cash (mrq) $0.12 Price/Book (mrq) 1.91 Price/Earnings (ttm) 18.82 Price/Sales (ttm) 3.66 After-Tax Income (ttm) $676.0K Sales (ttm) $3.57M Gross Margin 71% Profit Margin (ttm) 19% Return on Assets (ttm) 7.99% Return on Equity (ttm) 12.63% Financial Strength Current Ratio (mrq) 2.10 Long-Term Debt/Equity (mrq) 0.32 Total Cash (mrq) $788.0K Link To Recent News Items: yahoo.marketguide.com Link To Website: freshnlite.com Link to Analyst Recommendation: imcadvisors.com Pay special attention to news items about OSF acquisitions (Old San Francisco Steakhouse) I believe this deal is about to close. I also believe another acquisition is possibly in the works. Also In the latest Edgar filing for RTIN, you will notice that Steve Antebi has been retained as a consultant and financial Advisor. If you don't know who Mr. Antebi is, he is the former Chairman of Merrill Lynch….and has a exemplary reputation on Wall Street. Lee