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

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

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To: lib who wrote (897)	12/9/1998 1:53:00 PM
From: Hank Stamper	Read Replies (1) of 2453

I think I could have been more thoughtful in commenting on the likely reasons for the stock price drop. It would seem that Mr. Market has not overlooked YF.A but rather, he got an over-reactive fright when the accounting practices were questioned in the midst of general market turmoil. The seriousness consequences of questionable accounting practices can be seen in the ongoings at Livent (sp?). In this case, investors should be really worried as the accusations include large misappropriation of funds by senior officers. That company is in turmoil and there really is no current management--it's out of control due to law suits and resignations of officers. Morale must be completely in the toilet and the company is utterly rudderless. This appears to be far from the case at YF. At YF, the 'questionable' accounting issue is whether management should have accrued the income in year A when the sale was made or in year B when the collection was to occur. This does not appear to be malfeasance but rather well within GAAP. Is this how you see it? On the matter of price, I appreciate your, and other's, comments about the present stock price trend. I have recently purchased my first shares in YF after wanting to buy for quite some time. I did not buy last spring or summer as I believed all the value was priced into the stock. That is different now, I think. As I wrote previously, I am a long-term investor. But still, I fuss a bit--I shouldn't but I do--if I see the price drop after I reckon I got a real bargain. What would you need to see to lead you to purchase more? An up-day on rising volume? Ciao, David Todtman

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