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


To: jhg_in_kc who wrote (794)6/18/2001 12:18:54 PM
From: Sun Tzu  Read Replies (1) | Respond to of 1001
 
My guess is that it might have another 50% left to it, but keep in mind that at these levels we are talking about a ticking bomb which I would not want to ride up. Nor am I short the stock.

Aside from the pure overvaluation, what will kill the stock can be any of these:

- a significant decline in the rate of growth
- big expansions based on the stock price
- stock price stagnation for 20 weeks or so
- entry of other chains into "gourmet doughnut" business
- a scent of aggressive accounting

ST