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

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  • bartender_Jack_McGee bartender_Jack_McGee Aug 26, 1999 10:05 PM Flag

    15 is the bottom, DAB is still making

    accomplished.

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    • I agree with Jack: congrats on your newfound
      wealth. I think 12 or 13 is a distinct possibility
      tomorrow. They didn't just miss the estimates, they weren't
      even in the same ballpark.

      I've kind of had it
      with this stock. If I can get out with minimal losses
      (price over 16), I think it might be time to go. There's
      going to be nothing here for a long time after this
      one.

      However, those who remained loyal to Best Buy in its
      darkest days have been well rewarded. Good luck to all.

    • Next the analysts will all start downgrading . .
      . . boom, boom, boom, boom. The stock will take a
      hit on each downgrade. If we're lucky, 3 or 4 will do
      it all at once tomorrow or the next day and get it
      over with.

      I am stunned at how the earnings can
      go to hell so fast. There's no guarantee things will
      be back on track in the 4th quarter -- this could
      continue (I'd guess only 20% chance, though, because they
      will definitely take corrective action). If the
      earnings don't bounce back, the expansion plans will be
      the next thing to be scaled down, which will further
      deflate whatever's left of the P/E after tomorrow's
      bloodbath.

      ben_around2