Synergy Brands-SYBR (was KRAN) Message Board

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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: Larry Davis who started this subject	12/26/2000 9:56:51 AM
From: Pied Piper	of 1026

News! Tuesday December 26, 8:02 am Eastern Time Press Release Synergy Brands Business to Business Operations Expected to Grow 169% to $49.8 Million in FY 2001 Sales Growth of B2B Technology and Distribution Logistics Platform are expected to Provide Majority of FY 2001 Projected Pro-Forma Profit SYOSSET, N.Y.--(BUSINESS WIRE)--Dec. 26, 2000-- Synergy Brands Inc. (Nadsaq:SYBR) expects its B2B segment to provide 87%, or $49.8 million, of its FY 2001 revenue with a year-over-year growth factor of 169% versus FY 2000. Non-Internet sales are expected to decline by 71% to $2.9 million as a result of the Company's evolution to Web-based operations. Sales in FY 2000 are expected to rise by 73% to $22.9 million. The growth in sales is primarily attributable to the Company's B2B operations, which in FY 2000 are expected to account for 81% of revenues. The B2B operations are expected to grow by 658% to $18.5 million, as compared to $2.4 million in FY 1999 (see table below for segment revenue breakdown). * More * biz.yahoo.com

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