Krispy Kreme Doughnuts, Inc. (KKD) Message Board

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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)

KKD 21.00

0.0%

Aug 4 5:00 PM EST

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To: redfish who wrote (918)	2/6/2005 9:53:48 AM
From: rrufff	Read Replies (3) of 1001

yup and that may very well happen here. I actually know some of the orginal investors in Boston Chicken, all multi, multi millionares. The common shareholders got suckered in a pyramid scheme and I don't believe there was any insider or management who got hurt. Of course, that was before the days of Enron and treated as "business as usual." I remember the gurus attacking KKD. I forget if they were basing it on franchise fees being used as revenue like Boston Chicken or just that it was overvalued. Like I said, the gurus didn't live to see the day that this finally got hit. Of course, their followers got killed on this too.

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