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Non-Tech : Cable Car Beverage (DRNK)

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To: christopher who wrote (35)3/16/1997 6:01:00 AM
From: Steve Patterson   of 284
 
> Today's financial news looks great! So why didn't we toast champagne
> today...

Solid earnings were already reflected in the recent runup. Probably some rumors got out. Remember those numbers have been solid since the end of 1996...1Q97 results are coming up very soon.

I don't expect any short-term action, just a steady tracking of earnings growth. At 30-40% a year that's just fine with me. Look at a 10-year chart of Cisco if you want to see what that looks like.

Of course I don't expect DRNK to become as big as CSCO (duh), but as long as Stewart's isn't available everywhere there is still plenty of room for future growth.

Steve
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