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Re: None

Friday, 06/20/2008 12:20:25 PM

Friday, June 20, 2008 12:20:25 PM

Post# of 19383
I myself am a little concerned about the lack of movement in the stock price. Would have expected differently. However, it took the first restaurant 3 months to get going. The volume peaked at month 3. And that was in a mall location. So, I say give it a chance. With the overall downward trend right now, they are holding their own. Look for action after the Grand Opening next week and resulting PR.

As has been discussed, a back-of-the-envelope calculation has them breaking even after 3 months... I would not expect them to push with more corporate-owned restaurants. Their stated strategy has changed in this respect. Frankly, if they want to make money franchising down the road... they do not need to. These two locations are prime..