Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (472)	7/12/2000 12:07:18 PM
From: The Other Analyst	Read Replies (2) \| Respond to of 1001

Nothing to do with the lockup--just the general valuation. Barrons' article pointed out that the market cap equals 20% of the entire donut market in the US. Starbucks is indeed a good analogy or comparable to use. What % of the coffee market does Starbucks have, and what are the comparable valuation metrics? Coffee would be bigger market than donuts. But the two share similarities. My guess, without having done the numbers, is that it would be hard to justify KREM value even using Starbucks as a benchmark. But I would be interested in seeing how the numbers came out.