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Non-Tech : LIFEWAY FOODS (LWAY) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Myers who wrote (338)7/20/1999 3:56:00 PM
From: mark cox  Read Replies (2) | Respond to of 352
 
Bob, I think the news is absolutely fantastic. LWAY is really well positioned for the future. With the infusion of capital that this deal will bring, LWAY will be able to purchase more equipment for the new facility. The reason for these purchases of course should be a huge new demand for their products when this new partner opens some major distribution channels for LWAY's products. So in a nut shell, this partnership should lead to a big jump in growth for LWAY.

They said at the meeting that their are more new products coming as well.

LWAY is really getting aggressive now. The advertising campaign is working based on what the CEO stated about revenues increasing by 22% for the 2nd quarter and accelerating weekly.

I see nothing but good things in the future for our company. They have always been solid fundamentally and now the growth has begun.

Very exciting.

Mark