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Non-Tech : GBUR(Wholesome&Hearty Gardenburgers) -- Ignore unavailable to you. Want to Upgrade?


To: Rex Dwyer who wrote (95)10/14/1998 7:29:00 PM
From: J. Kittle  Respond to of 140
 
Earnings out. $.02 vs $(.07) last yr. qtr. to qtr. Click on the news button here to read the whole report. Nice move in stock today. Hope that isn't all for the qtr. <ggg>



To: Rex Dwyer who wrote (95)10/17/1998 2:46:00 PM
From: Jacob Lewin  Read Replies (1) | Respond to of 140
 
Sales for the quarter are up a better-than-expected 103 percent despite drastic cutback in advertising. Gardenburger managed a 50% average share of veggie burger market for the quarter. Worthington has dropped to 22%. Gross margin improved sequentially. In conference call, company said 88% of grocery stores now feature an average of five kinds of Gardenburger. While profitability was a meager two cents for the quarter, company is predicting significant profitability next quarter. Meanwhile stock is selling at a little better than one times sales. Company says it rejected an overture from ADM for a relationship of some sort. Expects continued sequential improvements in gross margin.

Rex, what is the Ray Kroc hose and could you explain your comments?