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Non-Tech : Cable Car Beverage (DRNK)
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To: Steve Patterson who wrote (155)6/25/1997 8:20:00 AM
From: hoopsville   of 284
 
Based on sales growth, I had thought DRNK would trade at $5 next year. Add in 25% premium for takeover and we're got a value of $6.25 which is essentially the same as $6.33 by your more sophisticated calculation procedure. I would be happy with $5 which in effect would give me a year to find another stock just as good as DRNK. But I trade in a taxfree (for now) rollover account, so your request for compensation for an unexpected tax event is valid. Give us $6.
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