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Strategies & Market Trends : Value Investing
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To: Wallace Rivers who wrote (2518)11/21/1997 9:55:00 AM
From: sjemmeri   of 78639
 
Wallace,
If you're looking at microbreweries, check out Frederick Brewing
(BLUE). Like you said very low psr, earnings lacking but they are in
first year operation of a new brewery. They've had a solid line-up
of craft beers under the Blue Ridge label but sales are going through
the roof for their newer Hempen Ale (a gimmick using hemp seeds
in the brew but it is quite good). Anyways, the brewery is already
at 85 to 90 % capacity and they should start showing good profits
soon. I've been watching the price for a couple months and missed
a recent spike up but it seems to be settling down again. I'd
love to hear your opinion of BLUE.
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