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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.22

+1.8%

Nov 28 4:00 PM EST

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To: craig crawford who wrote (132082)	10/14/2001 8:53:32 AM
From: H James Morris	Read Replies (1) of 164684

Craig, remember the big fat donut? Well its coming to Seattle. Look out!:) Btw I shorted the donut once. I didn't make a dime on that transaction. Trust me.:( >In some ways, North Carolina-based Krispy Kreme is like a young Wal-Mart or Starbucks, building a strong regional base before spreading across the country. Although it was founded 1937, making it the oldest of the three biggest doughnut chains, Krispy Kreme didn't begin expanding on a major scale until the 1990s. It went public April 5, 2000, closing after the first day at a split-adjusted price of $9.25 a share. Since then, its stock has been one of the hottest on Wall Street, splitting twice. It closed Friday at $35.98, up more than 70 percent this year. It's putting up other big numbers, reporting a profit last year of $14.7 million on $448 million in sales. Krispy Kreme expects its profit to increase as much as 35 percent a year over the next three years because of store openings and existing stores' sales growth, which was 13 percent this year. The company plans to have 400 stores open within six years.

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