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Denny's Corporation Message Board

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  • tmcg1367 tmcg1367 Sep 3, 2009 2:47 PM Flag

    DENN on CNBC

    They could pay a good chunk down. What debt would be left could be handled by the income from running the business. I thought that was what Marchioli said he wanted to do while on Mad Money a year, or so, ago.

    Nathan's Famous (NATH) has, according to Yahoo, 254 restaurants and owns 5 of them. They also, according to their website, market their products in "over 18,000 locations worldwide including over 8,000 retail locations and over 10,000 food service outlets". Their products are all made and distributed by someone else who license the name and formula from Nathan's and the small food kiosks, like in airports, are run by food service organizations. For a 13 dollar stock, they do pretty well without owning outlets, with no debt and over six dollars a share in cash. DENN could do the same. If they want to keep some crown jewel locations to experiment with, that's fine.

    Good luck, all. I hope to be a shareholder on any dips.

 
DENN
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