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


To: Jon Khymn who wrote (535)9/4/2000 10:37:07 AM
From: Dale Baker  Read Replies (1) | Respond to of 1001
 
OT - He is saying that some folks think doom and gloom is cool; kind of the opposite of a US politician on the 4th of July waving flags, kissing babies and telling us how great we are....

European "intellectuals" have dined out on the doom and gloom theme for decades. Part of the reason they mostly don't like the US, this endless optimism we have about the future.

Doom and gloom also leads the intellectual and artsy crowd to wear black a lot to be different...they did it so much it's the standard uniform for people trying not to look like the rest of the crowd.

Bear Down is part of a little gang that likes to dress up as anti-Wall Street crusaders and cheer themselves on a lot. Sometimes good picks, sometimes not from what I hear lately.

;<)

No position or real interest in KREM here, just tripped across your post and found it interesting.



To: Jon Khymn who wrote (535)9/4/2000 10:59:46 PM
From: Jon Koplik  Read Replies (1) | Respond to of 1001
 
Web Myst - thoughts on Bob Wilson / "intellectual" as a negative characterization (at least in the investing area) :

An example -- from stories I have heard from friends who are involved in venture capital / merchant banking ... I think a Bob Wilson "intellectual" is the person who tries to "shoot down" all incoming business start-up ideas.

He (or she) would spend all mental energy thinking up ways a company would probably fail.

This kind of negative "there's a black cloud behind all (perceived) silver linings" is perhaps useful when hundreds of requests for start-up financing are "crossing" one's desk each month; but it also creates some amazing "legends."

Like -- the person who invented the technique for xeroxing supposedly struggled for years to find anyone to back him financially.

Or ... all of the venture capitalists who turned down eBay (because it sounded so dumb).

I think an intellectual delights in dissecting an idea and ripping it to shreds.

I sense that a lot of people are "down" on the investment merits of Krispy Kreme partly because it such a simple business : make and sell doughnuts.

Jon.