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.
Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.
TFRY 0.000010000.0%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe Griffin who wrote (1396)8/27/1998 4:16:00 PM
From: Martin Olsen  Read Replies (1) of 2405
 
You are wrong. The reason TFRY is not at the $50 per share level
is not the Russian Crisis, it is the Asian Crisis. See, if TFRY
could replace rice as a main staple with Piping Hot, Golden,
Delicious, French Fries, then we would have no problem absorbing
a bit of unrest in the (former) USSR.

My estimate, assuming an exchange rate of $8 RMB for 1 USD, is that
potential sales in China alone could exceed $30 Billion USD by 1999.
(roughly $20 in fries per person per year, a very conservative
estimate.) Conservative forecast of stock price is then about
$10,500 per share (after adding in domestic net revenue of 5.4 Billion)
by the end of 1999. Note that this is very conservative since it
assumes _flat_ growth in domestic sales.

Once this "Asian Crisis" is over, this baby is not going to the moon,
it is going to VENUS!!!!!!

Gooooo TFRY!
-M
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext