uWink Inc. (UWKI)

[Silensir]

Great post on their general strategy, Greenband. The problem is that they are failing to execute that strategy and have failed multiple times. The fact that it took over one year to build H&H isn't a great sign. But given it is their second restaurant and they've changed their look for the better I am optimistic. I've made a number of postx recently detailing my grievances as a shareholder. It's troubling when you stop believing what the CEO says. How many trillion games did Nolan say he intends to serve. He wants to be in 10,000 restaurants when he's on his second one?

UWink sounds like a great idea I admit. It has blue-ocean strategy written all over it, it innovates, makes plain sense, and makes for better entertainment than 95% of the dinner and movie combinations anyone can have. But the restaurant industry is already pretty crowded. I still think the best strategy isn't to try to sell their tech to existing restaurants. Converting to a uWink style restaurant isn't going to be a popular proposition lets face. Too expensive and who knows how regular customers will react.

Their best strategy was to build out their own restaurants, not sell their tech to anyone besides franchisees. With food prices going up, neither strategy looks to pleasing now. I'm not saying uWink is going to go out of business, no far from it. I do think that from H&H on they're going to need brilliant execution in order to become the company they have always wanted to be. If Nolan were reading this I would tell him that I still believe in his ingenuity. But I have become more and more depressed and tired the more I see his plans crumbling.