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

To: Bear Down who wrote (162)	4/15/2000 9:13:00 PM
From: rrufff	Read Replies (3) \| Respond to of 1001

I don't have any position in KREM, was just looking for information, as traditionally strong stocks move higher on turn arounds. I do find it amusing though that you are so sure that it is going down. The history of this particular pick is atrocious on the short side. Let's see - original short in the 36-37 range, high of 45 something in the biggest bear run of the last 10 years? Nothing to brag about there, don't you agree?

To: Bear Down who wrote (162)	4/15/2000 9:35:00 PM
From: jbe	Respond to of 1001

Just out of curiosity, let me ask, why does KREM = KRAP? Personally, I detest donuts, creamy or crispy or whatever. But that is neither here nor there. As a company, KREM does not look nearly as bad as a zillion other stocks out there you could be (and possibly are) shorting. That is, it is actually making money, and hand over fist, at that. Isn't that what businesses are supposed to be? Profitable? Of course, if KREM's p/e ratio has indeed already reached 68 or so, it is certainly due to deflate, so a short is probably a sure thing, at this point. What surprises me, however, is the amount of sheer antagonism directed against poor old KREM. Surely there can't be that many donut-haters out there! After all, man eats to live and lives to eat -- or so they say. <g>

To: Bear Down who wrote (162)	4/15/2000 9:53:00 PM
From: Bobbie Boucher	Read Replies (1) \| Respond to of 1001

Do you really think that a business model based on cholesterol is going to continue to work in a time that health is a major issue. In the company filings they state.. "Our results of operations could also be affected by changing consumer tastes -- for instance, if prevailing health or dietary preferences cause consumers to avoid doughnuts in favor of foods that are perceived as more healthy." Think about that. I know I don't eat doughnuts any more. The sickly revenue stream that has hung over them over the last five years is a tell tale sign of the direction of this fragile business They say they opened their first store in 1937. But the company that did the IPO has only been around since 1982 Not the same story heard from the people touting this stock. I also so dislike the use of the proceeds of this offering "A distribution to our existing shareholders as part of a corporate reorganization in connection with this offering" In other words these guys are cashing out. Why would I want to own a stock in a company that management is dumping? They are paying off $18.7 million with this offering. This money that they ad to borrow to stay a float over the ast five years. Lastly, The glaze that they feel is their trademark is not owned by them. They are dependent on a sole supplier for glaze flavoring. If this guy shuts them down or raise prices they have no other source. In their own words "any interruption in the distribution from our current supplier could affect our ability to produce our signature Hot Original Glazed." This is a house of cards that has been vacated by previous owners (X-management). Any sensible person that has been sucked into this deal should review the realty of where they are and try to save what is left. Jake

To: Bear Down who wrote (162)	4/18/2000 9:38:00 PM
From: Bud G	Read Replies (2) \| Respond to of 1001

OT. One of your shorts Upgrade (UPGD) was up over $8 bucks today. Hope you didn't get Kreamed! LOL! DT