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Dave & Buster's, Inc. (DAB) Message Board

  • dundarra dundarra Aug 27, 1999 6:10 AM Flag

    I feel sick

    I feel like a condemned man waiting for my time.
    Breakfast was my last meal. I am very, very long and
    feeling very, very sick.

    How does a 2% drop in
    same store sales translate to a 40% drop in earnings?
    Were new stores losing hand over fist?

    Where
    did this come from? Earnings have always been rock
    solid vs. estimates in the past. Was there any way to
    know this was coming?

    Have patiently owned this
    for 4 years and now its come to this. My confidence
    is shot. I'm looking for a way out. I'm sick of Dave
    and Busters. Nothing but good news for years, stock
    goes nowhere. What now? This is going to be
    bad.

    Good luck to all

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I feel DAB may hit 15-17 this morning. I like DAB
      and was previously looking to get into the stock but
      was hoping for a pullback to 20-22. If this stock
      oversells, I will be a buyer. The market does not like
      serious surprises and will punish the stock. The analysts
      downgrades will further push it down. (Don't you wish they
      would upgrade BEFORE a stock has doubled or tripled and
      downgrade BEFORE these announcements? I could train my dog
      to do what they do.) Anyway, this is a good stock
      and I hope to be a buyer.

 

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