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Non-Tech : IPT: iParty Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (2)	11/21/2001 11:21:40 AM
From: Skywatcher	Respond to of 29

They sell the stuff and the last quarter was fantastic for this little gem. CC

To: Joe Copia who wrote (2)	12/10/2001 1:39:17 PM
From: Skywatcher	Respond to of 29

Equity Firm Scoops Up Carvel By Jeffrey Goldfarb NEW YORK (Reuters) - Roark Capital Group, a private equity fund, paid $48 million for a majority stake in regionally renowned ice cream maker Carvel Corp. -- best known for its ''Fudgie the Whale'' and ``Cookie Puss'' ice cream cakes. Founded in 1934, Carvel is one of the oldest names in the ice cream business, with kids all over the northeast United States having grown up with TV pitches by gravelly voiced founder Tom Carvel. The ice cream business has been hot of late with Unilever paying $324 million for Ben & Jerry's last year and Swiss food giant Nestle expected to buy the 50 percent stake of Haagen-Dazs owned by partner Pillsbury, which was recently acquired by General Mills (NYSE:GIS - news). Another brand, Friendly Ice Cream Corp. (AMEX:FRN - news), has been unable to find enough funding to complete an anticipated refinancing. Carvel also has its problems, experts said. Carvel, based in Farmington, Connecticut, has about 400 franchises that serve cones and shakes around the country -- including at stadiums and theme parks. In the early 1990s, Carvel began selling its cakes in supermarkets nationwide, which cut deeply into its franchise businesses. Carvel cakes, which come in an array of seasonal flavors, are now available in about 5,000, or one-quarter, of the country's supermarkets. However, Carvel's finances have been melting away in recent years, one expert said. ``Anybody who really wants to improve the company would improve the quality of the product and the quality of the relationship with the franchisees,'' said Malcolm Stogo, an ice cream industry consultant based in Riverdale, New York. Stogo said Carvel's hard ice cream isn't as tasty as its competitors' because it's made with only 10 percent butterfat. Baskin-Robbins uses about 13 percent butterfat and Ben & Jerry's uses about 16 percent, Stogo said. Roark Capital said it intends to expand the Carvel brand into new regions of the country. Roark ``is uniquely qualified to leverage Carvel's strong brand name to achieve its true growth potential,'' said Chris Stadler, a member of the management committee at Investcorp, which will maintain a minority stake in Carvel after selling convertible preferred stock to Roark. ``Roark probably overpaid and there are probably a lot of problems in that company that no one knows about,'' Stogo said. This is one of IPT's Partners that started the current runup... CC

To: Joe Copia who wrote (2)	12/10/2001 1:40:11 PM
From: Skywatcher	Read Replies (1) \| Respond to of 29

TONS of insider buying...my favorite indicator! biz.yahoo.com CC

To: Joe Copia who wrote (2)	12/28/2001 4:31:31 PM
From: Skywatcher	Read Replies (1) \| Respond to of 29

I don't know about you...but I am making a TON on this little gem! Chris

To: Joe Copia who wrote (2)	12/31/2001 11:51:45 AM
From: Skywatcher	Respond to of 29

This thing is ROCKIN!!!!! .75!!! AND NO ONE IS SELLING CC

To: Joe Copia who wrote (2)	4/30/2002 11:59:16 AM
From: Skywatcher	Respond to of 29

iParty Corp. Reports Q1 Results, 20% Same Store Sales Increase WEST ROXBURY, Mass.--(BUSINESS WIRE)--April 30, 2002--iParty Corp. (AMEX: IPT - news), the nation's premier multi-channel retailer for party goods with 34 iParty retail stores and iParty.com, a destination site for party goods and party planning, today reported financial results for its first quarter of 2002. For the quarter, iParty Corp. reported consolidated revenues of $10.6 million from the Company's retail stores and its website, www.iparty.com compared to $8.9 million for the first quarter of 2001. The Company reported a consolidated net loss of $943,000 or $0.06 per share compared to a consolidated net loss of $1.7 million or $0.13 per share for the first quarter of 2001. Consolidated gross profit margin for the quarter was 37.2% compared to a margin of 35.9% for the first quarter of 2001. The number of common shares outstanding at March 30, 2002 was 15,796,700. Sal Perisano, Chief Executive Officer of iParty Corp., commented, "We are very pleased with our top and bottom line results for the quarter. Our 19.5% same store sales increase was driven primarily by the appearance of the New England Patriots in the Super Bowl, an early Easter and better store execution. As a result of the increase in sales over last year and through continued expense control and margin enhancement, we were able to improve our bottom line by 44%." "We also opened a new store in Boston in mid-March which is already exceeding our expectations. In addition to the second store that is scheduled to open in the third quarter, we are already identifying sites and negotiating leases for several new stores to open in 2003. Our first quarter results leave us quite optimistic for our overall performance in 2002." Be nice to move UP on this news......damn it CC