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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)
KKD 21.000.0%Aug 4 5:00 PM EST

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To: rrufff who wrote (163)4/15/2000 9:28:00 PM
From: Bear Down  Read Replies (1) of 1001
 
on the contrary.....you cannot expect instant gratification on every play. I sold KREM first at 31 and my average in now in the money. A very nice play with what is now a substantial position for me. Expecially when you consider finding an uptick in NAZ stocks hasn't been easy lately ;-). TThe nice thing about a KREM short is the risk of it going much higher is nil. I mean it's friggin donuts. Not exactly an unlimited growth potential. KREM got its best press last year when a couple of talk show hosts ate the stinkin' donuts. Now the IPO and all down hill from here, unless of course they can figure out how to store a terabit of info in them there donuts that can be transferred to your brain upon ingestion.

IMO the IPO was a nice way for the owners to sell a debt laiden company, that was otherwise unsaleable, to the masses of donut eatin, armchair traders who think they got the hottest thing since sliced bread. Tell em what they've won johnny !
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