Cable Car Beverage (DRNK) Message Board

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Non-Tech : Cable Car Beverage (DRNK)

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To: Andrew who wrote ()	10/10/1996 12:42:00 PM
From: lloyd wood	of 284

andrew, I have owned stock in and followed DRNK for a little over 2 years. I have spoken with management a number of times and find them helpful and quite credible. By and large new product introductions have been succesful (not all of them) and I like the fact that the company outsources its bottling. For a small company, distributor relationships appear to be strong and are getting broader. I am an independent analyst specializing in 'neglected' stocks (fewer than 3 analysts following). I have not written a report on DRNK because part of my discipline is to visit company headquarters and meet personally with management. I am located in the Southeast so haven't to see them in Denver yet. I have worked up a model with earnings projections.Am estimating 14 cents per share for this year, 18 cents for 1997 and .24 for 1998. yes, i think the company deserves more attention and feel that may be beginning. Any specific questions? regards, lloyd

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