ALE/TSE Sleemans Message Board

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Gold/Mining/Energy : ALE/TSE Sleemans

ALE 67.43

0.0%

3:59 PM EDT

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To: De Nardis who wrote ()	12/20/1999 6:53:00 PM
From: Richard Schwindt	Read Replies (1) of 272

Hi all; I suppose I'm not the only one to see Ale in the Stars and Dogs feature in the Saturday Globe (as a pooch). For those who didn't the gist is that now that ALE has entered the popular price market (am I the only one who finds that a funny way of saying cheap beer), the biggies, Labatt and Molson, would crush them like a bug. And we investors were bailing. I follow Ale closely and I wasn't aware of that sentiment. I thought the price decline was just some year end all-the-money-to tech drift. How exactly would Molson do this? I have been wondering about how an anticipated near doubling of eps would do anything except raise the price. Lots of people drink Old Milwaukee; I do when I'm feeling, ah, popular. For a "popular" beer it's quite good (though not as good as Arctic Wolf which is a true bargain). Any thoughts on this. Sleeman is a terrific company and very clever; albeit in a competative market.

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