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Sonic Corporation (SONC) Message Board

  • h5n1eric h5n1eric Jan 12, 2010 4:48 PM Flag

    not bad / on double volume...

    ...and appears to be continuing the move up, after-hours...Perhaps the bottom was put in...darn thing had some good valuations, once it got smacked down. (also, check out APOL / might like the valuations on those, with respect to foreward p/e's, debt, etc)

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    • My take is SONC had a bad quarter in a very challenged lower end dining market. But their business plan is outstanding and they feature a unique dining experience in the FF market. They are hardly exposed in Ca. and the other Western States so the growth potential is huge. They opened their first store in the SF Bay Area in Hayward, Ca. and it is doing gonzo business. They even caught the notice of the local newspaper who did a feature story on the successful opening.

      Guys, this dip is a gift IMO. I'll bet they rebound with a biq Quarter and start opening a ton of stores here on the West Coast where this concept will collar a rather jaded FF customer...

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