Gary, sorry for the delay in getting back to you but we are preparing for our upcoming trip to Vancouver this weekend.
We know that many were expecting major news of a buyout, which may have brought to ALE the same premium that came to UCB shareholders. However, though there is no immediate bang, the deal has received the approval of almost all analysts we have spoken to.
In turning around UCB, a great deal of potential lies in continuing concentration within Canada, where sales have been growing at 20% per year. UCB ran into trouble with their US distribution and could not capitalize on establishing their brand when craft beer was at it's highest exposure. Thus, it has been an uphill battle ever since.
Regards,
Agora International Enterprises Corp.
P.s. For all of our friends in Vancouver, we extend the following invitation:
----------------------------------------------------------------------
AGORA INTERNET RELATIONS CORP
Cordially invites you to attend a reception to be held on Monday, January 26, 1998, from 4:00 to 7:00 PM. The reception will be held at the Canadian Pacific Hotel Vancouver at 900 West Georgia Street.
----------------------------------------------------------------------
We would like the opportunity to meet, in person, as many of you as possible.
Regards,
Agora. |
