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

To: Jon Khymn who wrote (155)	1/9/2002 10:17:07 AM
From: Moominoid	Respond to of 214

Nothing very clear on that chart - seems to be following the market until 1999. Waves overlap a lot so it is like a long extended wave. In KKD's case they don't overlap, so that indicates the need for more of a serious correction, if you want to look at it that way. In other words, though SBUX keeps going up, it built a base for those moves more consistently. It also saw a big correction in 1999 when the market was going up and the P/E took a dive from around 75 to around 25.