Well DWR.com has filed an IPO, a while ago actually, and my uncle sent my family some necessary paper work to allow us to purchase and the IPO price (somewhere between 10-12$). I have what their earnings, and a few (multiple) balance sheets of the past 3 years of theirs.
Some of the issues with this company seem to be the fact that they have only been in business for 3 years. They have a main warehouse in kentucky, and 26 studios with more coming.
The most information i can find online is here. So i dont know what you can deduce from that. If anyone can find anything else please post it.
But i was wondering how much of a high risk buying around 3-3500$ worth of shares. I personally feel that the business can grow immensely as long as it is run correctly (i believe it is.) and that they dont grow to fast (they went from 1 showroom to 26 studios in 3 years), and have turned profits the past 5 quarters prior to 2004 (iirc).
MIKE
Some of the issues with this company seem to be the fact that they have only been in business for 3 years. They have a main warehouse in kentucky, and 26 studios with more coming.
The most information i can find online is here. So i dont know what you can deduce from that. If anyone can find anything else please post it.
But i was wondering how much of a high risk buying around 3-3500$ worth of shares. I personally feel that the business can grow immensely as long as it is run correctly (i believe it is.) and that they dont grow to fast (they went from 1 showroom to 26 studios in 3 years), and have turned profits the past 5 quarters prior to 2004 (iirc).
MIKE
