Yogen Fruz IT'S ALIVE, IT'S ALIVE Message Board

STOCKTALK

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.

Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert who wrote (850)	11/30/1998 3:09:00 PM
From: AGORA	Read Replies (1) of 2453

Good afternoon, Robert. Just to clear up any misconceptions on the thread, we have held core positions in YF at 4.60 and 5.40, since December of 1997. We have no intentions to dispose of these positions, though hindsight would have given us great profits at $14.00+ earlier this year. The disposition posted at this thread was strictly a short term trading position (4.70), meant to capitalize on what we thought was an oversold situation. We anticipated weak earnings but still expected .40/per share at a minimum. When earnings came in at .33, it was reasonable to assume sell-off in YF. Fortunately, it appears management's decision to release shortly before the Friday close was a good one. In our opinion, YF is a very good company. Yogurt may not be as "sexy" as the ".com" industry but someone has to supply it to the people. We are disappointed in not taking profits at $14.00 but those are the breaks. Sooner or later, YF will come back and our core positions will profit handsomely. Hope this clarifies our "friendly" position. Have a great day. Regards, Agora.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next