Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Brand Name Values and Turnarounds -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (56)	6/1/1999 8:08:00 PM
From: Paul Senior	Respond to of 82

Starting a small position today in Gardenburger (GBUR). Financials don't look so great to me - they are not a profitable company. But sales are increasing at a rapid rate. They spent a lot of money to advertise on final Seinfeld episode -- they are making an effort to get national brand recognition. I now notice that they have a product line -- offering several types of "patties". At current price (low 8), stock offers (to me) an attractive bet that either they can eventually become profitable, or that they might be a buyout candidate. If sales stall (maybe they are hitting the limit for this type of food or they'll be more entrants by the big food companies), and/or if they are not able to reduce costs, I think the stock could easily be halved from here. But if they can continue with increasing sales, which will get them some time to become profitable, the stock should recover, imo.

To: Paul Senior who wrote (56)	6/16/1999 10:07:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 82

Ah whoops. The old story. -g- GNCI continues to rise after I sell and FTL drops after I buy. Ah well, unless people are going to stop wearing underwear-- this stock FTL should recover. Adding more to my position today in low 9 range. They can earn maybe 20% on a $7 book value if they can get their act together. Which they will. And the stock should go for 14 or better imo. Could go even higher if a goodly number of people thought FTL could maintain some consistency. (Of which FTL seems unable) FTIW. Paul Senior