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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Nick who wrote (33230)	3/13/2001 10:56:22 AM
From: Venkie	Respond to of 65232

someday it will be a short freenzy

To: Nick who wrote (33230)	3/13/2001 11:00:01 AM
From: stockman_scott	Read Replies (3) \| Respond to of 65232

Nick: KREM with a P/E over 80 is amazing... It illustrates how out of line some valuations are. Here are comments from a recent article on the situation... <<...The last year has been a bust for tech stocks and profits but a boon for some decidedly non-high-tech ones. For example, $5,000 invested in doughnut-shop operator Krispy Kreme Doughnuts Inc. (NASDAQ:KREM) at their closing price of $37 a share on April 5, 2000, after their first day trading following the company's initial public offering that day, is now worth $9,932. On the other hand, that same $5,000 invested in Oracle Corp. (NASDAQ:ORCL), the fast-growing purveyor of database software and the world's No. 2 software company at its split-adjusted closing price of $39-1/8 a year ago April 5, would now be worth $2,173 -- a loss of 57 percent. "That is crazy -- it is absolutely insane," said Epoch Partners analyst Mark Verbeck, who covers software companies, of the chasm in performance between the two stocks. "It just goes to show you.">> Good Luck Investing...=) Best Regards, Scott

To: Nick who wrote (33230)	3/13/2001 11:26:25 AM
From: Cactus Jack	Respond to of 65232

Nick, KREM unlocks 9.3 million shares on April 4, which represents over 70% of all shares outstanding and is over 300% of the current float. Major dilution ahead. I'm short; can't see this one staying with a PE in the 70s during tax selling (pre-April 15) with so many shares hitting the market; if I were an insider looking at the markets today, I'd be counting the days to guarantee at least some of my profits. Here is the link: unlockdates.com Having said that, the donuts are fantastic and the company appears to be solid. I just think there is a bit to be made on the short side in the next couple of months. EDIT: just read your posted article re: lockup expiration, and wasn't aware of the recent secondary (but did know about the split and earnings announcement). Doesn't change my position. Good luck. jpgill