Famous Dave's of America, Inc. (NASDAQ:DAVE)

Micro cap with good growth, beaten EPS estimates 4 of the last 4 quarters. Good free cash flow. Company has paid down long term debt by 16% in the last 4 quarters. Restaurant openings are events not just another restaurant.

double bottom 8.22.11

I think I've eaten here before.

Putting my money where my mouth is...cheap growth

Low PEG. Fast growth is easy for small restaurant companies.

love the food

Gotta support this hometown company

With me never hearing anything bad about the food and a healthy economy, i think this company will outperform.

Great ribs! Good pork. That about does it for me.

I can personally say this is a fantastic restaurant with a good environment and staff that is interested in the customer. Add to that stock price cut in half over six months, less than 25% off its 52-wk low, and earnings growth estimated at 23% (PEG well below 1), and this looks like a winner right now.

Regarding the top bear pitch, i.e. the only one, as of this writing: The operating costs were a hard hit, and that isn't fixed overnight. It won't go unaddressed, especially with a new CEO. With 50% gross margin, which is well ahead of the industry, they have some wiggle room on this until a cost reduction plan is in place.

I hope the new restaurants opening in 08 are as good as the Dave's near my house, best ribs I've ever had. Good food all around. Looks like a good time for a thumbs up.

seems to have hit bottom and on its way back up, with several new locations scheduled to open in 08 and strong financials, this is a definite buy and hold

Great small cap !!! Still expanding.

One of the best All American BBQ places around. I've had the ribs, pork, corn bread, and salads and it was all very good.

On the investment side of business they just announced 25-30 new restaurants in 08' representing 25% growth in store count. I'd expect that type of growth for a good 5+ years.

Growth strategy in place and large expansion potential yet priced to grow at between 4% and 5% in perpetuity. I'll have some.

bargain basement price

I have never eaten at a Famous Dave's before. Right now, I will use CAPS to track the stock. The MF and the CAPS community seem to love the business and the valuation and cash flow are attractive.

BBQ anybody?

I eat at this restaurant on a regular basis where I work. The food is good and I always see crowds when I'm in. They still have a lot of states to expand into they're are very few in California and many other stats.

With the price being knocked down by all the troubles in the market I think it's a good time to start buying. For what I spend on meals I can pick up shares and be added money in my own pocket each time I eat there.