CBRB : CBR BREWING - OTC:BB Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : CBRB : CBR BREWING - OTC:BB

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pat Maguire who wrote (23)	6/8/1999 2:32:00 PM
From: M. Merriam	Read Replies (1) of 35

Pat, I realize that you're trying to make the best of a potentially bad situation; however, if you read the company's own reports, you will know that local Chinese beers sell at a small fraction of trendy foreign beers, and Blue Ribbon, their present brand, is China's most popular foreign brand. You must be joking about giving up a high margin, foreign premium name for an unknown, low margin Chinese name being a fantastic idea. Besides, their track record in marketing new, Chinese-style products is less than great. Did you read about their attempts last year to introduce new, local-branded product? They failed to come even acceptably close to their initial sales targets and are having to rework the whole thing. Does their press release sound like they share your enthusiasm over this new development? Where do you get a break-up value of $1? Book value and break-up value are two very different things. As I read it, their entire business plan has been based on maintaining the Blue Ribbon brand. What now? Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next