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Brinker International, Inc. Message Board

  • alsatiangentleman alsatiangentleman Aug 29, 2008 11:16 AM Flag

    New Downgrade on Brinker.. NOT!

    Okay, so we're reduced to quoting Steven T. Kron at Goldman Sachs, an investment bank that's taken a position on EAT (Geez, wonder what it is, duh?!!!) And we're quoting a research report that's 18 days old (pre-mac Grill sale). And we're not mentioning the "Where we could be wrong" section in the report (oil sell-off could benefit EAT shares, increased rationalization of supply would benefit operations, and disappearance of smaller, poorly capitalized players from the category would also benefit EAT.) Hate to be the one to break the news to you, datbetoohardtofigureout, but an investment bank that has a position is not the same as a rating agency. But congrats on your shorts. I don't think it has anything to do with your analysis of management selling; probably more to do with the temporary bump in oil prices because of Gustav.

 
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