Super storyre Eatzi's in latest issue of Forbes
May 18, 1998
Regards and pat yourself on the back for owning this
As I wrote here on post # 126.
Look at the
For pete's sake....
No more complaining on here....you
given the charts and information.
Why didn't you ask
your broker about
Can't believe I bought this dog stock on the
advice of my Broker. Think I paid at the top. Either 24
or 26. Don't remember and too embarrassed to look in
my file what I paid.
It is only glorified
fast food and chain at that. Yee Gads! What folly have
Brinker is still a good stock at this time. I
think this stock will rise over the next couple of
months. I do agree with you on the topic and selling a
stock when times are good. Brinker has not topped off
yet as in terms of this economy. They still do have
room to grow. When the economy slows a little this
stock will slow also. I am curious to hear what the
earnings will be. I have a feeling that they will be very
good compared to last year. Many of the other
stocks are rising because of earnings news. I
think Brinker will do the same. Only thing I am worried
about is Mac Grill. Hopefully the same stores sells
will be postive rather than negative.
Patient 0636: The time to sell a stock is when
times are good. If the tight labor market continues,
soon Brinker will need to increase employee wages and
benefits to attract the caliber of employee required to
deliver the level of service/product customers expect of
Brinker. This will have an impact on Brinker's bottom
line, as their current prices do not leave much room
for upward movement without pricing their menu "out
of the market" for their category.
The person who was expecting it to be at 28 is
dreaming, no offense intended. I spent 7 years with them, 2
as an Area Director, and its taken 3 years for it to
get back to 20. The days of going to 40 and split are
over. Wall Street will get to nervous when these casual
dining stocks start going up. I wish you luck, but I no
longer own my Brinker stock, and the main reason is the
inexperienced management teams they have throughout the
I appreciate the article. It does make sense but
I do not completely understand why a selloff right
now. Unemployment is so low and and economy is still
booming. I could understand a selloff if interest rates
were raised and unemployment was going up. But none of
this is happening at the present time. People are
going to continue to eat out more as long as the
economy is doing well. I was a former manager who left
the company last year. Sales were just starting to
boom in the company. I have a friend that manages for
Brinker and he told me today that sales for his store are
up more than 20% compared to last year at this time.
Although each store is different but a 20% increase is a
nice size increase. In my opinion a sell off is
premature at this time. I am anxious to see how the year
end compares to last year. Hopefully that will bring
the stock up to where it should be.
Perhaps this might have something to do with the
recent decline. It came out recently, on June 2, 1998. I
hope this information is of help to