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

To: Bud G who wrote (245)	4/21/2000 5:21:00 AM
From: Jon Khymn	Read Replies (1) \| Respond to of 1001

Hey dood, After reading all the articles and postings plus visiting a new Krispy donut shop and observed the business for 5 hours, I'm convinced KREM will do well in the future, but at this point just a bit too pricy for me. 1. As far as the product goes, KREM has a winner. Their donut has been tested for over 60 years. It is not fad, it will continue to be popular. 2. KREM is already making money and as more stores open up, revenue will continue to grow and I expect p/e to drop considerably. (Of course, unless the price of stock goes up faster than earnings) 3. KREM has a reliable management team. (I would be much happier if the CEO would cut down his 7 digit salary until KREM stock price hit $100.) 4. I think KREM has a good chance of being a 10X stock in 10 years. In conclusion, as one of the analyst have suggested, I will wait till end of May to start accumulate. I am willing to pay $10 premium right now. So if I see KREM in 31-32 range, I will start buy. Or if I don't see this price by the end of May, I will probably get less shares but will definitely grab some KREM shares. (or if I see it in $10, as some shorties predicted, I'll sell my house to buy it !) Good luck doooooooood! Fat Webby.