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

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To: AGORA who wrote (982)1/13/1999 3:42:00 PM
From: Stocker  Read Replies (3) of 2453
 
Cheerleading and back slapping on this thread is getting a little thick. You guys say you don't mind both sides but it's clear you only really want to hear one side of the story. Fact is that YF is not trading up today, it's trading down - on news of another downgrade/concerns over future growth etc. I lost money on YF just like many have here, but I'm not blind to the fact that things MAY be fundamentally changed for the company. The market doesn't like the YF story right now and that's downright painful when there are stocks like NTL and ATY climbing higher on a panic day like this. It's all about opportunity cost. YF may get back above $5 soon but there is a lot of risk that it might languish around $4-4.50 for some time. Til things start to look up for the company, I'm sitting on my cash, and watching closely.

As for management, they've said nothing because there's nothing good to say. Last I checked, no buyback. They'll want to save their cash for acquisitions. Also, with Brazil hurting and the rest of LatAm in the same pinch, there's one less place to try to grow revenues for YF. I'm in Venezuela and 80% of the people here can't afford meat, much less yogurt. Lots of YF's here but no people in the stores. Much the same I'm sure in parts of Asia.

One positive I have seen in my research is that YF is doing a trial in 200 Kmart's in the US. Not sure how it's going but I find it strange that management hasn't played up on this a little. They really have dropped the ball recently. I still believe they can do a good job managing the company, but they've sure shown they can't manage their share price. Gotta do that too these days. Look at AMZN, MSFT, or ATY for good examples.
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