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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?


To: Graham Dellaire who wrote (784)11/11/1998 1:54:00 AM
From: Bruce Toy  Read Replies (1) | Respond to of 2453
 
I wanted to buy Yogen Fruz way back when it was trading at below $4.00. My broker said "yogurt"!? "What the hell do I know about yogurt"! "This is Calgary"! "We know oil"! So we bought more Abacan, before it crashed. :((( I dumped the broker and have been watching YF ever since. I still don't own any YF. I'm waiting for it to get near a bottom....wherever that might be. (funny how it looks similar to the Abacan graph (ABC)...nice peak near $14.00, falls off, goes up but not as high as $14.00 and then it disappears).

You don't have to drill for yogurt...you make it. And like other food products (like donuts or produce), it doesn't go bad..., so little waste. And "Tropicana" products. Who buys frozen orange juice any more? This is a good product!

When I was visiting Russia, I noticed people eating ice cream cones at -20 C...walking down the street. An untapped market.

I'm not an expert on Yogen Fruz but my educated guess after being in the food service business for 20 years is that they have a product that can be easily made, held, marketed and sold.

Pretty amazing how far this thing has slid down since $14.00. It was pumped up in the "Globe and Mail". Lots of people jumped on for the ride. It will find it's feet again and find it's place long after the "Globe and Mail" has decided to find another 'darling' to talk about; their new 'flavour of the month'.

Then we can all find another hot story and tell our friends that we hold 'such and such' stock and wonder why the damn thing crashes when it's not so hot anymore...the time when the smart people are selling...But they're only smart 'cause they've been burned and learned.

My two cents.

Bruce