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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: telecomguy who wrote (2433)	2/29/2000 11:46:00 AM
From: telecomguy	Read Replies (2) \| Respond to of 2453

Heard from Hodgie that Michael stepped down to do deals as opposed to running the operation. This is very good news and a real mature move on Michael's part. He must have recognized that he is not the best person to run YF as an operating guy. Michael is a deal-maker and probably like a lot of entrepreneur, this is what he does best and what he enjoys most. The fact that he is willing to step aside from the limelight in the interest of the company and concentrate on acquisition is a Win-Win since hopefully the new CEO Stein is a better manager and Serruya will be able to do a better job at acquisition without having to worry about running what is now a fairly large operation! This was always one of my biggest worries going forward for YF -- that it may have been too much for M. Serruya to manage the entire business in his young shoulders. Michael is putting YF ahead of his own ego and this is a very good sign! Short of a big takeover, -- I couldn't be happier (assuming of course that Stein is a capable guy)