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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!
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To: Qone0 who wrote (2062)4/1/1999 12:47:00 AM
From: Gary s Gilbert  Read Replies (1) of 3584
 
another slight problem is starbucks has grown
to an international symbol, and is profitable.
no one has been able to squeeze a profit out
of java centrale. they tried adding food, and
failed. company owned vs franchised, failed.
went from 30 plus stores to a handful. not to
pour cold coffee on this announcement, simply to
note this is a stiff competitive market, tight
margins and saturating. Java centrale shook out
and a few pieces fell into MDMI's hands. no audited
numbers. how many people are going to buy
coffee and muffins from the internet?
oh, java centrale tried co-branding with texaco,
failed, an international venture in korea, failed.
and there were a 10th of MDMI's shares outstanding.
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