July 01, 1998
Lights! Camera! Duel! Today, as Armageddon begins its theatrical run, we have our own version. Bill Barker (WillBarker) is hailing stones at the planet. Rick Munarriz (TMF Edible) is on a mission to see that the planet remains intact.
Good movie? Bad stock? Planet Hollywood (NYSE: PHL) came public just two years ago but has already tasted both overnight success and the agony of defeat. Struggling operations at the chain of movie-themed restaurants now finds the company in a significant diversification.
Will it be enough? Has the company saved enough for the sequel? This week's Dueling Critics have spoken, and between the Milk Duds and $4.50 sodas, the reviews are mixed. Bill gives the company a big thumbs down. Rick's digits are angling upward.
The lights dim, the trailers roll, and, now, your feature presentation...
You Get to Vote!
After reading all of the arguments, cast your vote for the winner of the Duel. We'll tabulate results each week and revisit them from time to time to see whether you were right! As always, we invite you to join us in the Dueling Fools Message board to continue the duel.
[Any suggestions, comments, praise, or flames, please send them along to the Dueling Fools Team.]
I can already hear Bill laughing. Planet Hollywood came to market two years ago with all the fanfare of a celluloid epic. It opened with a $3 billion market cap. It went direct-to-video from there. I have so little time and so much to defend. The genre. The company. The brand. I'll be brief. I don't want to go over budget on words, but just know that I still have the movie rights to the eventual Director's Cut.
As is traditional for the Dueling Fools bear argument, before explaining why the stock's price is too high, let me start by conceding the obvious strengths of the company in question.
[Tick... tick... tick....]
Sorry. My imagination appears to be too limited to come up with anything.
Results for last week's Pfizer Duel
|I can't make up my mind||
|TMF Parlay's Bull argument||
|TMF Seymor's Bear argument||
|They were both excellent||
|They were both lame||