Open Question
I have noticed that casual dining restaurants seem very busy lately (NJ). What
do you think of RT?
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THe reason why JMBA and COSI are likely not to survive is that they have very
limited menus, have poor earnings track records and expanded too fast. I also
don't like their balance sheets. BNHNA and RT (to a lesser extent) do not have
the same problems.
Long BNHNA
Answered by Scott Rothbort / Lake View Asset Management, LLC
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I think that Ruby Tuesday (RT) has a chance of surviving. As does Benihana
(BNHNA). On the other hand Jamba (JMBA) and Cosi (COSI) will likely disappear. I
cover the entire food chain on the LakeView Restaurant & Food Chain Report
http://www.restaurantstox.com/
Long BNHNA
Answered by Scott Rothbort / Lake View Asset Management, LLC
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