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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: Paul Berliner who wrote (433)6/15/2000 1:16:00 PM
From: Mike 2.0  Read Replies (1) of 1001
 
DD's was acquired by some British outfit, I believe, which also owns Baskin Robbins and Togo's sandwich shops, but I can't recall the name. They may ADRs but I don't know for sure. Unlike KREM, DD's have demonstrated a powerful ability to franchise. Look in proxy of KREM and you will see the company has struggled with franchising the KREM concept for quite awhile. I think the idea of selling KREM donuts thru both the KK store and grocery stores is a sure recipe for channel conflict. BTW, I have no position in KREM because I don't short stocks. Too bad the float is too small for option (put) listings though...
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