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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD) -- Ignore unavailable to you. Want to Upgrade?


To: Red Heeler who wrote (137)4/12/2000 10:54:00 AM
From: swisstrader  Respond to of 1001
 
Damn Schwab, no shares to short!!



To: Red Heeler who wrote (137)4/13/2000 1:30:00 PM
From: Boquacious  Respond to of 1001
 
But some analysts see it differently. The money is "not really going to growth at all," says Lehman Brothers' Mr. Speiser. "The franchisees are growing, and the franchisees don't get the proceeds." Adds Ms. Kao of Renaissance Capital: "The $7 million going to insiders, I wasn't so crazy about."

In addition, Ms. Kao considers the salaries of the company's executives -- Mr. Livengood was paid $849,536 last year -- to be "pretty high salaries compared to a lot of other companies I've seen."

Krispy Kreme ended a practice last year that it called the "Kingsmill Plan," through which the company made "collateral repurchase agreements" and backed loans to executives and directors who wanted to become franchisees. "It's like an insider transaction," says Ms. Kao.



To: Red Heeler who wrote (137)4/14/2000 11:37:00 AM
From: JLIHAI  Read Replies (1) | Respond to of 1001
 
They've taken about a thousand points out of the Nasdaq this week; even the mighty KREM is struggling to swim up this stream.

JL