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Microcap & Penny Stocks : FRSH
FRSH 12.31-0.2%Dec 24 12:59 PM EST

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To: puzzlecraft who wrote (122)7/16/1997 8:10:00 AM
From: Richard Mazzarella   of 531
 
John, your comments about comparison with Odwalla are excellent. Odwalla stock is currently at 1/2 of its high. Odwalla's legal and consumer perception problems are certainly hurting its earnings. FRSH insiders own 51% of company stock compared to ODWA's 25%. FRSH institutions own 0.02% of FRSH, while ODWA's institutions own 5%. Institution interest in FRSH could do nice things for FRSH price. FRSH has a pattern of growth through acquisition that may continue. I only wish I had known recent FRSH earning, I would have bought much more stock than I did. I would have been happy with $0.09 earnings. Even that would show progress over last quarter. I suspect that there are operating costs from the Hansen acquisition that are still to be optimized. The $0.11 is excellent, I look forward to reading this quarter's 10k.
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