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Famous Dave's of America Inc. Message Board

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  • LDB1947 LDB1947 May 28, 1999 11:54 PM Flag

    Good Press in Chicago

     

    Everyone who lives in the Minneapolis/St Paul
    metro area needs to attend the June 17th 10:00 am
    Annual Shareholder meeting. Attend with questions and
    try and have a good time.

    The reality is lots
    of big buyers stay away from restaurant stocks.
    Being priced under $10.00 doesn't help and not having
    track record of profits is no help. Increasing the
    number of shares to insiders will not help the rest of
    us private investors. Only steady profits will
    attract attention and move this stock back over $6.00 and
    beyond. I can't prove this at all but someone who works
    for the Dayton Family told me they own a big chunk of
    DAVE and bought for more than you and I. They are
    looking for and expect results. I bought about the same
    time as you. It appears the current book value is
    approx $ 3.75 a share.

    Dave was supposed to
    expand the catering side of the business. We'll see if
    that is true. Dave sells product and gets exposure at
    a number of local summer events like RibFest. Lets
    see what they will be doing in Chicago to increase
    exposure. Lets see if they plan to penetrate the Chicago
    market like they are in Minneapolis/St. Paul. Lets hear
    about other major markets they may have their eye on.
    Let's hear if the Famous Dave's line of BBQ sauce is
    making any money and see how wide the distribution
    is.

    Patience and Profits are all we have if in for the long
    run.

    I would rather have $ 10.00 per share stock in my
    account but the certificates will be turned into a very
    nice lunch for two at the Minneapolis Blues Club.

    This topic is deleted.
 
DAVE
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