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Non-Tech : Havana Republic (HVAR) -- Ignore unavailable to you. Want to Upgrade?


To: cabernetfranck who wrote (489)4/1/1999 12:49:00 PM
From: David Fiorito  Read Replies (1) | Respond to of 686
 
Did anyone receive an invitation to a cocktail reception at the Los Olas club reportedly to be held on April 6 for analysts and shareholders? I read a post on the Raging Bull saying that a reception would be held....thanks



To: cabernetfranck who wrote (489)4/1/1999 10:15:00 PM
From: bob allison  Read Replies (1) | Respond to of 686
 
I've contacted both parties below:

Havana Republic, Weston
Stephen Schatzman
President
954/384-6333
or
The Pinnacle Group, Great Neck, NY
Mark Cohen
516/773-2477

It is sometimes difficult to speak to the CEO as he travels alot, but the CEO is quite down to earth and is very knowledgeable in this business. The plans he laid out during this year was very impressive. So far he is sticking to his strategy. His plans will get HVAR in the black by July - August timeframe.

Mark (IR) is very personable, however he does not have any indepth knowledge concerning HVAR. He is very sure that within the next 3-5 months, the current price will be higher as they are beginning a program of notifying a significant number of investors. The new areas that HVAR is exploring, i.e. distributorships, franchizing, ecom WEB sales, should provide a strong pickup in sales. As HVAR's profit margins are improving due to their low cost supplier, HVAR's EPS should get in the black within the timeframe noted above.