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Pastimes : KKD - Krispy Kreme -- Ignore unavailable to you. Want to Upgrade?

To: Michael Bradley who wrote (10)	5/18/2001 8:10:02 PM
From: Jon Khymn	Respond to of 214

I agree with you Michael, KKD looks very pricey at this point. P/E ratio will have to come down either by higher profit or lower stock price and I hope it will be the higher profit. But then again, SBUX with P/E of 80 seems more ridiculous. KKD still in beginning stage of expansion mode, but SBUX is pretty much saturated. I don't see how SBUX can grow rapidly at this stage to compensate high P/E. I'm in for the very long term. If I get 10 folds in 10 years, I'll be happy. In 10 years, P/E should be in teens or twenties. (I do trade little bit on the side but that's just for fun) For short term, I expect KKD to trade in mid 50s to build basis for a while. (You don't post much... it was an honor to have you here)