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

To: mark cox who wrote (1634)	8/21/1998 3:24:00 AM
From: KSully	Read Replies (1) \| Respond to of 2452

Gambler, Thank You! SI has an EGO problem! To All: The best read I have on the press release is that it is a non-news event. Infact, I have tendered unsolicited cash offers many times over via yard and garage sales. What renders the news event worthy is when the unsolicited cash offer is accepted or not accepted. As such, relax. Lets hear what Nestle S.A. has to say first. Do they accept or do they refuse such an offer? It is curious that TCBG has "...tendered an unsolicited cash offer...". What exactly is the cash position of the Company? It could be inserted that TCBG opted on a lease to own purchase agreement regarding the Volpak machines to reserve cash for this tender offer. Finiancing via the PO's of Wal-mart and Winn-Dixie also hold strong credibility. What about a preferred offering of shares? In regards to this particular press release, it could be part of a strategy to force the issue with Nestle by making the offer public. Was Nestle approached as to an offer prior to this press release? I do not know. Is this press release a bunch of hype? Let's put it this way. It is a news worthy item that might be picked up by the financial media. Either way, TCBG will be associated with the big names once again via links to the release. But if being hyped, why doesn't Wal-mart stand up and say hey - stop using our association (ie: Wal-mart name on every press release) to hype your Company? In closing, we have news - but no event. Does an offer not demand a response? What is the response? What does Nestle have to say? KSully

To: mark cox who wrote (1634)	8/21/1998 8:56:00 AM
From: Dave Shoe	Respond to of 2452

>The press release today was so shocking that it >seems unbelievable. But I know that this company >is for real and that is why I thought of everything >I just wrote about. After speaking with TCBG IR yesterday, I puzzle-pieced together a rational scenario for yesterday's news post. This is only my opinion. This news wasn't aimed at the investor. It is aimed to assist negotiations with another major beverage manufacturer who is currently being cheap during negotiations. Adding Nestle to the list of interested suppliers, and recognizing that TCBG currently has limited manufacturing resources for accepting beverage suppliers, does effectively improve TCBG's bidding leverage. Any response Nestle offers will be positive for TCBG. Should Nestle refuse TCBG, this info can be delayed indefinitely by resubmitting fresh offers. And Nestle has apparently shown an interest, as TCBG does offer a product that would seem to benefit the shrinking demand for Juicy-Juice. Nestle may actually be interested in selling, as they have a good product that is no longer profitable (as I understand it) and would benefit from repackaging. A joint venture is also a reasonable possibility. Presenting this information in the form of a news post is perhaps more effective than using this same information as a threat during negotiations. Again, this is just my opinion. Shoe.