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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (127484)	10/4/2001 5:34:44 PM
From: Dr. Jeff	Read Replies (3) \| Respond to of 436258

What about "defensive" Donuts? Do you like Krispy Kreme's donuts? How about the joke of a stock? KKD is back up over $35 again. A $2 Billion donut company. LMAO! Now they are calling it a defensive stock: biz.yahoo.com Thursday October 4, 12:06 pm Eastern Time Krispy Kreme shares up on defensive appeal NEW YORK, Oct 4 (Reuters) - Retail baker Krispy Kreme Doughnuts Inc. (NYSE:KKD - news) on Thursday traded up almost 6 percent as investors snapped up its stock on signs its business may be immune to the current economic slowdown that is shackling consumers. ---------- ``Krispy Kreme business is very defensive in nature and when you go through a slowing period investors gravitate for companies that do better in a slowing economy and I think Krispy Kreme is in that position,'' he added. 7 times sales and 100+ PE. Yep, sure sounds defensive to me. <g>