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Non-Tech : Cable Car Beverage (DRNK)

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To: MKEL who wrote (61)4/29/1997 8:25:00 PM
From: Steve Patterson   of 284
 
The small-cap market is full of bargains right now: solid growth companies with good cashflow trading at low P/E ratios. I'm glad to have some unallocated cash right now, but there are so many good buys I'm not sure where to put it!

The way the market is acting lately I've dropped my "buy more" price to 2. People are bailing out of small-caps on any news, good or bad, and while DRNK has historically been relatively stable I'm not holding my breath.

Still long,

Steve
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