LIFEWAY FOODS (LWAY) Message Board

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Non-Tech : LIFEWAY FOODS (LWAY)

LWAY 24.06

+0.1%

Dec 24 12:55 PM EST

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To: Bob Myers who wrote (350)	6/21/2000 5:24:00 PM
From: boslik	of 352

I am paying attention. Lway is finally utilizing their relationship with Danone(Danone has a 20% stake in Lway). Lway execs are meeting this week with Danone salespeople on the east coast. New,automated large plant capable of fullfilling about any forseeable demand for the next 2-3 years(fully operational in 60 days).No debt,6.5 million in cash,tightfisted management with the smarts to know you have got to spend money on marketing to move more product and a terrific new product,Soytreat, to satisfy a growing appetite for drinkable soy beyond a milk substitute. This one is my kid`s and my account as a long term keeper stock.

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