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Microcap & Penny Stocks : Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion
WRAP 2.812+3.4%Oct 31 9:30 AM EDT

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To: aleta who wrote (42)6/15/1999 4:22:00 PM
From: WRAP_IR   of 51
 
Thanks Aleta for your interest.

The way the company (and probably all the competitors) view the situation is that at the current stage of this market niche, competition simply sparks enthusiasm -- it gets the word out.

In the top 300 markets, each concept could have probably have multiple stores and still do good business. There are a lot of derivations on the concept, and it comes down to a matter of personal preference on which one your would rather eat.

As far as Pepsi is concerned (and here we get into my personal opinion only!) -- I remember the chain they started a few years ago. They built hundreds of small Checkers-style double drive thru's (I can't remember the name now). They could not excute the concept -- cheap food and pathetic operating strategy. So my opinion is -- just 'cause they are Pepsi doesn't mean much.
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