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Monday, August 18, 2008 10:04:08 PM
They couldn't have doubled sales at Woodland Hills, and I don't think it would be much of an event either. The restaurant biz part is DEAD in ratio of the market cap. It's all about whether they score a significant license deal or deals or not. If they don't, the stock is doomed. If they do, there is significant potential upside.
The risk in this stock is IMO lethal at this point. On that we probably agree. Restaurant sales buys them time and probably makes the marketing of any potential licensing agreements more appealing. Right now there's no plans to open any more restaurants than the 3 which is probably a good thing since a number of chains have been filing bankruptcy.
On that off topic....
R.I.P.
Bennigan's
Steak & Ale (owned by Bennigan's)
Mrs. Fields (noooooooooooooo!!!)
Roadhouse Grill
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