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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (7684)4/21/2001 12:12:48 PM
From: tuck  Respond to of 19428
 
dabum3,

>>KREM split 2 for 1. Anyone buying at 75 would be underwater now on a split adjusted basis.<<

Oh, cool! So it's still a high-flying pig. Got to admit I've been buying the rally recently, and not paying attention to KREM. Now that I'm getting ready for a market pullback, I'll put up better researched comments in a few days, as KREM still looks like a good target. Thanks!

Cheers, Tuck



To: chowder who wrote (7684)4/21/2001 1:59:34 PM
From: Razorbak  Respond to of 19428
 
KREM

My wife, kids, and grandparents visited the recently opened Krispy Kreme store in the Denver area, and left disappointed because of the 4 hour wait for doughnuts. Unbelievable!

I've seen many cult stock phenomena in my day, but this one takes the cake... er, doughnut. <gg>

It's still GROSSLY overvalued on a fundamental basis...

Valuation Ratios
----------------------------------
Price/Book (mrq*) 9.08
Price/Earnings (ttm) 89.03
Price/Sales (ttm) 4.75

Income Statements
----------------------------------
Sales (ttm) $300.7M
EBITDA (ttm*) $25.3M
Income available to common (ttm) $14.7M

Share-Related Items
----------------------------------
Market Capitalization $1.11B
Shares Outstanding 26.3M
Float 18.6M

Short Interest (As of 9-Mar-2001)
----------------------------------
Shares Short 9.85M
Percent of Float 53.0%
Shares Short
(Prior Month) 3.52M
Short Ratio 18.88
Daily Volume 522.0K


... but appears to still have a lot of upwards momentum, similar to the y2k stocks in the late nineties and the dot.coms last year.

Now if we could only prove KREM to be a fraud (which it isn't... the doughnuts are real... Damn!), then we'd be set. :)

Razor

PS - Look at the insiders bail post-lockup...

biz.yahoo.com