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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)
KKD 21.000.0%Aug 4 4:00 PM EDT

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From: redfish3/10/2005 12:32:22 PM
   of 1001
 
I bought some puts, just a small bet on it going to chapter 11.

If they aren't planning a reorg then why:

(1) bring in bk specialist to serve as CEO;
(2) why is he only working parttime ... most companies like to have a fulltime ceo; and
(3) why doesn't he have the authority to make management changes.

If a reorg wasn't in the cards they would look for a fulltime permanent ceo rather than a temporary parttime guy.
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