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Microcap & Penny Stocks : FRSH
FRSH 11.07+1.5%3:59 PM EST

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To: P. Ramamoorthy who wrote (369)11/26/1997 12:50:00 PM
From: del clark  Read Replies (1) of 531
 
Looking at Odwalla's dominance on the West Coast one can see the huge potential for some solid competition. The problem is that it is sort of like going up against Coco Cola. On a trip into Northern California and Oregon all I saw were Odwalla products in the gas stations and mini marts. I don't think Odwalla is threatened or interested in Hansens or Fresh just yet. I would have thought that some of Odwallas shelf space could have been taken by now but I haven't seen much yet.
FRSH will hit $5 without a merger sometime next year. The next few quarters earnings should do it. They still have the potential for .30/share or more for 4 quarters. Earnings and revenues should continue to grow next year. I would rather see FRSH trade at $15 before any talks about mergers takes place. Then we might get $25. <gggggggg>
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