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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (1116)7/24/1998 1:00:00 PM
From: Jaste  Read Replies (1) | Respond to of 2452
 
Can't agree with you more Jimbo. The last news release issued on Friday was with respect to the IRL/Walmart race car deal. It took until Tuesday the following week for investor's to absorb the information, and that is when we saw the price move close to $2.00. This tends to move the day after releases are given.

I would also agree that to date, this is the biggest news issued by the company so far. Their prior contract with Cliffstar was already going to generate in the area of 10 to 15 million, now they've added an additional 10 mil to it, plus royalty fees. I would expect companies like Coke, Pepsi et. al. are taking a much closer look at this one now. This company never fails to impress, and to that I am adding more to the portfolio.

Thinking about revenues going to be generated in 99, and saying to myself holy sh**! TCBG has a desirable/marketable/cost-saving pouch previously unheard of in the drink packaging industry, and we should all be rewarded soon with a NASDAQ listing and a pretty damn nice share price as well. I look forward to seeing the filing.