I'm not following it, but here's the winner pick of the year (expected 500% returns):
Dry Dairy International Inc. (DRYD-OTC BULLETIN BOARD) manufactures and markets gourmet pasta and dry mix products to the food service industry. Exciting, not really, but our goal is to find stocks that will appreciate in value whether they are exciting or not. Dry Dairy's stock price has been as high as $0.94 within the last 12 months and as low as $0.03. That is certainly quite a swing. The stock, as of this writing, is bid $0.06 and offered at $0.08 with the last trade at $0.065. The company has made quite a turnaround in the past six months. (Although their stock price is yet to reflect this.) They have replaced nearly the entire management team and have become focused on selling their successful products. One of the previous problems with Dry Dairy was that it had few financial resources to market its product with. ÝIn October of 1995, Philip Lacerte, a principal owner of Lacerte Software, (1994 sales of $60 million) bought a controlling interest in Dry Dairy. Mr. Lacerte also agreed to extend the Company a significant line of credit so it could meet its financial needs. Now that the Company is well funded it can proceed with its successful operations. As of April 1, 1996, Dry Dairy had already secured revenues that would exceed all of 1995. In February, Dry Dairy was awarded a $570,000 contract for its dry mix frozen yogurt product line. Previous to this contract, and under its old management, Dry Dairy had never seen any sales from this product line. The new management team, under the leadership of its President Robert Matzig, is certainly getting the job done.
In addition to its dry mix frozen yogurt line, Dry Dairy markets its pasta lines under its wholly owned subsidiary Lombardo's Pastaria. In the past this line of pasta products have only been marketed to the foodservice industry. The new management team has developed a high profile frozen pasta retail line. The line is set to be introduced in early May with many grocery chains requesting samples. Dry Dairy anticipates its sales to rise 10X that of 1995 over the next 12 o 18 months. With revenues already secured to exceed all of 1995, Dry Dairy's stock is severely undervalued at its present level. It is my opinion that you will see Dry Dairy (DRYD) reach the $0.50 to $0.75 level within the next 6 to 12 months. With that in mind the stock is certainly a buy at its current level. If you have any further questions or just want to get some information about Dry Dairy International Inc., you can contact George Farquhar, Chief Financial Officer of Dry Dairy International. He will be happy to talk to you and update you on the new developments within the company. |
