Einstein Noah Restaurant Group, Inc. (NASDAQ:BAGL)

LifeIsGood123 (81.27) Submitted: 8/24/2011 11:40:12 AM : Start Price: $12.80 BAGL Score: -5.57

It's a tradition I always look forward to...after the dentist

XMFConnor (95.48) Submitted: 6/6/2011 5:51:08 PM : Start Price: $13.65 BAGL Score: -0.68

Einhorn play.. except I am getting a better cost basis :)

jsgant13 (96.11) Submitted: 2/8/2011 9:37:32 PM : Start Price: $15.61 BAGL Score: -11.60

einhotn

akbarcaskey678 (< 20) Submitted: 1/25/2011 4:29:06 PM : Start Price: $16.27 BAGL Score: -14.34

There is an BAGL at my college and it is delicious. Great deserts. Personally I love it and it is always packed so I am a buyer.

themarmot (53.19) Submitted: 12/9/2009 7:51:37 PM : Start Price: $8.76 BAGL Score: +38.93

Low price right now ($9.01) and a great P/E ratio. These guys still have room to grow on the upswing of an improving economy.

Zabdi (20.66) Submitted: 11/5/2008 3:28:00 PM : Start Price: $6.50 BAGL Score: -72.69

Consumer goods and spending will be down in the coming months. In general this stock seems to follow the market, and consistently remain below the S&P 500. At best this stock will only come close to to matching the S&P in the coming months.

ValueArbitrage (99.00) Submitted: 10/2/2008 4:37:07 PM : Start Price: $11.94 BAGL Score: +6.99

BAGL represents A classic early Buffet partnership "control" situation, except it is David Einhorn at the helm instead of Mr. Buffet. Like Buffet, I believe Einhorn didn't get active here for the sake of being active. After all, both have said many times that everything else being equal, they would rather let other's do the work. However, in particular situations (if the opportunity for profit is large enough, and the risk of permanent capital loss is small enough), both men believe that an active role is necessary to optimize the employment of capital, as is the case here.

It is worth noting that investment results within a "control" situation like BAGL must be measured on the basis of at least several years. For those looking for meaningful results within a relatively quick time period, I would advise you to venture elsewhere, event driven investing this is not.

Anyhow, similar to SHLD (Lampert) or SNS (BIglari), I think there is real opportunity here for Einhorn (and management) to re-engineer the portfolio -- close businesses that are a drag, maybe reallocate capital among businesses, etc. Given time I think Einhorn will get it right, although it won't happen overnight.

Within the next 2-3 years I expect BAGL to produce considerably higher profits than its current price implies. Assuming the favorable outcome I expect comes to fruition, I believe the market is likely to assign a valuation more in line with the underlying earnings power of this high quality franchise, producing outstanding risk-adjusted returns over the next 3-5 years for patient long term investors.

.

APNumbers (< 20) Submitted: 9/15/2008 9:02:03 AM : Start Price: $13.33 BAGL Score: -8.37

score = 78

thestockstalker (59.13) Submitted: 8/7/2008 10:17:33 AM : Start Price: $11.69 BAGL Score: +12.08

I love this product (BAGELS!) and I do think this should be trading at a higher PE multiple than it is...

Mainly, I just love this product, and it is near a 52-week low. I smell a rebound...

FoolsGrad (99.95) Submitted: 7/14/2008 12:27:50 PM : Start Price: $9.35 BAGL Score: -37.35

My friend used to work there and he would bring me a bag of scones when he got off of work. That pretty much was my diet when I was in college.

The ridiculously lazy and (possibly) drug-addicted staff epitomizes Einstein's operation and there is no way that the management could turn the operation around given the general incompotence of the employees.

OutstandingOdds (98.26) Submitted: 4/12/2008 3:50:38 PM : Start Price: $9.33 BAGL Score: +48.06

So it trades at a lower than average multiple, on a lower than avg margin? I think there is real opportunity here for management to re-engineer the portfolio -- close businesses that are a drag, maybe reallocate capital among businesses, etc. Given time I think management will get it right - When they do I think this is a business that will have a much higher multiple on higher profits, and hence will be significantly higher at some point over the next few years.

scollier67 (< 20) Submitted: 3/17/2008 2:41:34 PM : Start Price: $8.95 BAGL Score: +47.42

Based on a stock screen that has worked well for me in the past.

Companies not based in the United States are excluded

Companies that trade on the over-the-counter market are excluded

Market capitalization for the latest fiscal quarter (Q1) is greater than or equal to $25 million and is less than or equal to $250 million

The price-to-sales ratio is less than one

The final results are the 25 companies with the highest relative price strength over the last 52 weeks

peps76 (53.37) Submitted: 11/9/2007 4:11:24 PM : Start Price: $20.20 BAGL Score: -27.37

This company has a god product. It is opening restaurants on college campuses, thus catering to an audience of potentially affluent consumers in the future. Its third quarter results were positive.

On the personal side -- they have OUTSTANDING coffee. Try their French Euro Roast.

mcmartinson (90.24) Submitted: 8/10/2007 4:09:13 PM : Start Price: $16.21 BAGL Score: -9.90

Delicious.

ljherskowitz (63.72) Submitted: 6/15/2007 11:35:06 AM : Start Price: $16.39 BAGL Score: -6.59

old company; new name. Fixed t heir balance sheet, minimized debt and ready to "bake."