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


To: Howard C. who wrote (1433)5/22/1999 4:42:00 PM
From: falcon74  Read Replies (1) | Respond to of 3351
 
Good afternoon Howard......

Closing price on Friday......well, I kinda agree with Lee and think(hope) it will close above $4 before the shareholder's meeting. I feel that after the Fatburger deal is officially announced this week, the next goal for management and investors will be to get this stock above $4 or $5 level as quickly as possible and maintain it at or above this level to get the clock ticking for NASDAQ listing.

I believe that mgmt has been lining up bigger investors who are just waiting for the announcement. It will be a battle with the shorters but I am very confident that we will get to those levels fairly quickly and we will have the buying horsepower to maintain those levels for listing.
I also believe that this company, ie the # of future franchisees, will be much greater than most investors realize. That's why I intend to hold the majority of my shares for the long term. I feel more confident in predicting a $12 to $15 price by year end than predicting a price in the short term like next Friday.

My opinion only, but I feel we have a winner here......one that will outperform most of the high tech stocks over the next 12 to 18 months. To me, this is a no-brainer and its one that Warren Buffet could relate to.

What do others think???

Falcon