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

To: Fast_Eddie who wrote (1580)	8/20/1998 5:19:00 PM
From: AC Flyer	Read Replies (1) \| Respond to of 2452

Ha ha ha. Hee hee hee. How prescient. And are you the possessor of ESP? Or are you, as I asked, one of the six guys in a basement pumping this stock? Let's take a look at this "unsolicited cash offer" to Nestle for Juicy Juice. When the business development guys at Nestle pick themselves up off the floor having laughed their a**es off, if they actually take this offer seriously, they would want 10 or 12 times EBITDA for Juicy Juice. I'm guessing, but that number would be somewhere in the $300 to $400 million range. And let's say that TCBG gets 4 to 1 leverage on the acquisition (i.e. 80% debt). Well, that's $60 to $80 million in equity. TCBG shareholders will be looking at 10+ to 1 dilution - maybe much more. What they'll own is a highly leveraged branded juice company with moderate growth prospects. Anyone up for that? The value (if there is any) in TCBG is in the innovative packaging and third party packaging contracts and the resulting internal growth. I'm troubled. Either Jon is a megalomaniac, or someone is so desperate to get the stock price up so that they can dump their shares that they'll try anything. It's looking grim for TCBG longs, either way.

To: Fast_Eddie who wrote (1580)	8/20/1998 6:08:00 PM
From: lib	Read Replies (2) \| Respond to of 2452

Your supposed prediction is now leading me to believe that ir is indeed leaking information. Come to the conclusion that perhaps ir did tell Sai about some deal with COSTCO that was in the works, and he in turn went about blabbing his mouth here which made ir very reluctant to issue the news release. The co. now has some explaining to do and I wouldn't be at all hesitant to say that the securities commission is now looking into this. Very bad. In my years of investing I have never seen anyone nail the precise timing of a release and give precise hints as to what that release would be about. Scary. Furthermore, I cannot understand the exact nature of this release beyond what appears to be a total "attention grabber". Does this co. have enormously deep pockets because when look back at prior releases with respect to Volpak machines, they are spending a lot of dough (where has it come from? Kraft lawsuit?) and/or diluting the hell out of the shares. I am at a complete loss with this thing now. Wow!