SI
SI
discoversearch

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.
Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (1023)6/11/1998 7:55:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
I think they are being swamped by competitors - and let's face it - the product just isn't that popular. It isn't a high growth business.



To: Peter V who wrote (1023)6/12/1998 12:36:00 AM
From: j lawrence  Respond to of 4634
 
>>Why is GBUR overvalued? It trades at less than 2 times sales (good), but 7 times book (bad). Although it is losing money (bad), it does not seem grossly overvalued. What else makes you like it?

GBUR is competing against some mighty competition - ConAgra, Green Giant, Worthington Foods, and a variety of smaller health food / Seventh Day Adventist food processors. The big food processors have the clout to push for more freezer space based upon their full product lines; the small competitors dominate the health food/vegetarian small operators.