Krispy Kreme Doughnuts, Inc. (KKD) Message Board

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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)

KKD 21.00

0.0%

Aug 4 5:00 PM EST

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To: Red Heeler who wrote (652)	2/9/2001 11:48:55 AM
From: Red Heeler	Read Replies (2) of 1001

DRW gives KREM higher rating Friday, February 09, 2001 --11:21 am - By Tomi Kilgore Dain Rauscher Wessels reinitiated research coverage of Krispy Kreme (KREM: news, msgs) with a "strong buy" rating and $100 price target. The firm previously had the stock rated a "buy" with a $78 target. The stock is trading up $2.73 at $67.69. Analyst David Geraty said a recent visit with management convinced him that the donut maker "is the dominant industry player," with strong operating trends and a management team that "is proving to be among the best in the industry." Since going public in April 2000, the stock has traded in a range of $108.50 to $29.

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