SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Pete's Wicked Ale (WIKD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GR who wrote (142)5/20/1998 7:31:00 AM
From: Cosmo Daisey  Read Replies (1) of 156
 
GR,
"""Has anyone noticed """
Yes I noticed, interesting trading. Could be a recognition by the market that Petes is is good condition on its own or the takeover
play with SAM. The news was SAM was trying to increase its price before any merger activity to lessen the dilution of its stock in the swap. The SAM price hasn't done much yet. I wonder why Strohs Brewing isn't in the picture. The are brewing Petes beer and have increased capacity to be able to keep up with output. If Petes is sold to a producer they would be out of the picture. Its no secret that Bud, thats right the KING OF BEERS, is interested in Petes because of its established micro name. Bud can't seem to get into the niche premium market so it would make a good fit for them. If Bud is a buyer then Strohs may also make a bid because their production would suffer. Strohs also is a holder of a couple of million shares of WIKD. The board of Petes is made up of some real sharp people who also hold huge amounts of stock and their interests are the same as ours, shareholder value. WIKD was mentioned in several respected newsletters more than a year ago so the timing is probably good now. The tip sheets are usually way ahead of the market.
Coz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext