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: swot who wrote (925)	12/21/1998 10:23:00 PM
From: charles johnson	Read Replies (1) of 2453

You are right on the money!! Some one is getting ready for the new year. When you read my post of 12/19/98 again, I believe the answer lies in it. 1. 15 months of record profits 2. co-marketing of major players in the food industry (1) Pizza Hut in Canada, this should expand into the USA soon (2) Bresler's Ice Cream in USA (3) Golden Swirl (4) and the #1 prize Integrated Brands in the USA and Canada. And maybe internationally, IMHO.. 3. The items in point 2 should bring in about 200 million in sales. Integrated Brands had sales of 110 million by itself. One must remember that the Fund Managers probabily sold all the dogs by now and are looking for good stock with very little risk. This IMHO is one of those stocks. And Don't forget that the money will start flowing into these funds over the next 2 months. When I look at the daily chart it was in a down ward trend from July to end of November. Now it is in a sideways channel between 4.10 and 4.40. The weekly chart is still in a major down ward trend. Although it appears that it has bottom out at the 4.00 mark. Looking back at into the 1996 the major upper resistance line was at 4.00 with a low floor of 3.00 for the year. If the stock breaks above the 4.40 then the next resistance line is at about 7.00. And the next one at 10.00. I believe IMHO that we will see 7.00 within 6 months. As for Gordon Capital doing the selling....... They could have had a lot of shares at a lower price and forced the market down to were they or a client could buy a major share. Or a Market Maker made a nice 5% return on his money in a short time. What are your thoughts on my earlier post?? Can you tell me what the debt is of this company? I only use trend lines to buy and sell. That is why I mention the charts. Merry Christmas and may the Gods of the Market smile on us in the New Year!!!! Charles

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