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Gold/Mining/Energy : Tree Brewing Company
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To: cash money who wrote (19)8/17/1998 11:18:00 AM
From: Zabin Somani  Read Replies (1) of 24
 
TREE has 4.7 million shares outstanding but both the seed and IPO were done at a $1. Some people are probably letting stock go because they have margin calls etc. - or like you are getting tired of waiting. However, I believe anyone who can take a position at these prices will be rewarded as production and sales continue to break records. I haven't heard anything negative about the beer and firmly believe you should own what you like. And, I do like TREE beer. The year end is October. With sales at this level, I think they have to be at 50% capacity to break-even and more to turn a profit. Not much longer guys.
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