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

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To: Ward Nicholson who wrote (1074)1/29/1999 1:15:00 PM
From: yogi bare  Read Replies (4) of 2453
 
Don't be so pessimistic Ward. This is a great opportunity to average down by acquiring more shares at values that are unlikely to be seen again. Yes earnings are down and franchise revenue is down, but consider:

1. $40 million in cash
2. Earnings largely affected by butterfat price (the key component)
will reverse its trend in Q2 as butterfat for December & January averaged $1.50/lb vs over $2.25/lb in Q1.
3. Yogen Fruz will eventually buy EPIE and others.
4. Nothing has changed with this company other than butterfat rose dramatically between May 98 and November 98. In 1996 & 1997 butterfat prices were stable with no fluctuations.

Lets not panic here.

Yogi....
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