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Gold/Mining/Energy : Delicious Alternative Desserts Ltd. (DD)

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To: mark calgary who wrote (102)7/31/1999 5:35:00 PM
From: John Wright  Read Replies (1) of 129
 
>>>If your wager is an open one, I will publicly accept your wager about profitability taking two years, and will even bet that they have a profitable quarter in less than 1 and 1/2 years.<<<<

Hi Mark, sorry for not responding sooner. Consider the bet a done deal - $100 that DAD will not have a profitable qtr. in 1 and 1/2 years from now i.e. the next 6 quarters. (Not that I enjoy winning on the negative side).

On a different note I found it a little bit interesting with the DAD's new CFO hire from Unilever(i.e. Good Humor Breyers) as I also used to work in finance for another Unilever subsidiary (Lipton) for about 6 years. I left about a 18 months ago. GHB is also filled with many former Lipton finance people. Including their semi-new V.P. Finance. With Unilever and Nestle going head-to-head in the ice cream market I'm sure we'll see a continuous squeeze on margins.

John
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