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Non-Tech : GBUR(Wholesome&Hearty Gardenburgers)

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To: Robert Graber who wrote (126)10/1/1999 12:47:00 PM
From: Robert Graber  Read Replies (1) of 140
 
I believe our buyout date is getting closer. Kellog`s buyout of Worthington Foods today at $24 a share is great for GBUR. GBUR is the last choice left (privately held Boca Burger is too small). I think we can get a good price ($14) because of the brand equity and they are the last (and best in terms of name recognition) choice left.
Also GBUR`s credit line has to be renegotiated this summer and they will want to get bought out before having to renegotiate this item.
This is all my opinion-but I am long GBUR.
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