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Gold/Mining/Energy : ALE/TSE Sleemans -- Ignore unavailable to you. Want to Upgrade?


To: paul s. who wrote (62)2/17/1998 3:34:00 PM
From: John Korven  Read Replies (1) | Respond to of 272
 
Paul:

Called the company today-had a couple of questions. They have not made a decision on whether they are dropping any brands according to Debbie. IMHO they have to. They may keep some UCB but they should market everything under Sleemans as they are getting a good name in the beer brewing industry.
I felt that if they could compete with the blues and exports in price we may get a much bigger market share. I was hoping to see some positive response but it seems as if they consider themselves a premium beer and the price will continue to be $1.60 higher for 6. Too bad.
I have seen a few acquisitions and in almost every case the stock will go down due to stock delusion and a lower PE. I am sure this will be no exception. I am not in yet but looking closely.
Good luck to all!!
John