COFFEE REPUBLIC - about to boil in 2006?

We have a CR Coffee Shop near us, it's like a urinal imo. I really do understand people looking at one of these and thinking buggar that, not for me, both drinking in it or investing in it.

The secret is the franchise model. It instanly brings in a large wadge of cash per frinchise as soon as they open a store that was once a coffee shop. Four openings must have boosted the cash they have to work with no end. It all becomes a mushroom effect then on, Cashflow rises, debt falls, profit rises, costs fall, cash available to expand, more franchise.........

Of course the directors could still be lethargic but I suspect the success so far has motivated them, you can hear the tone of the results compared to the past, there's a certain excitement in there imo.

I wouldn't do a Frauddy still and sell the house to buy a load but I do think at the very least everyone should have this on the watchlist and at least be aware of what's going on in casethey put out an RNS or news.

Good luck

CR