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

To: jhg_in_kc who wrote (797)	6/21/2001 10:36:01 AM
From: GVTucker	Read Replies (1) \| Respond to of 1001

Scott Livengood is the Chairman, President, and CEO of Krispy Kreme. Other than that, he doesn't really have much to do with the company.

To: jhg_in_kc who wrote (797)	6/21/2001 10:43:58 AM
From: Jon Koplik	Respond to of 1001

Re : Mr. Livengood on CNBC last night -- (By the way, it was the Ron Insana / Sue Herera show, not the Maria B. show, in case anyone cares ...) I sort of heard what he said, but was busy doing computer stuff at the time, BUT -- I did videotape the interview, so ...I can go look at it later. I felt that the main "thing" was : Ron Insana bringing up the fact that "talk" on some Internet message boards is all about how KKD management is "managing" news / events / etc. for the purpose of running up KKD shares, so that KKD insiders can sell some of their shares at a high price. I was a bit taken aback by this typical "ambush" mentality of financial "reporting," but ... I guess any CEO of a big company has been "prepped" for things like this. Scott Livengood did NOT "lose his cool" at all (I thought). He basically said "NO" to the main point. He also said he personally lightened up on KKD shares to the tune of about 5 million dollars worth, which represents only about 5% of his whole exposure to KKD (if you include both stock and stock options). He also said that he had personally been borrowing money for years to purchase more KKD shares. I thought he pretty much deflated the accusation ... Jon.