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Manhattan Bagel Company is located in New Jersey, and has been spreading rapidly across the country. The main company mostly makes their money by selling franchise licenses and the bread and butter for their operations is the dough, coffee, and other supplies that the franchisees buy from the parent. The stock was at $7 in Jan. 1995 and is now at approx. $26. IMHO, it still has some growth left in it, and it has some solid growth behind it and hopefully in front of it. I would consider buying, personally, around the $23-24 area and trade it up to $28. However, if I held the stock for longer, it could appreciate nicely. | ||||||||||||||
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