Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: nokomis who wrote (989)	1/15/1999 5:59:00 PM
From: telecomguy	Read Replies (2) \| Respond to of 2453

I've taken a big position on YF in the last few months. I originally invested in YF back in 1996 at $3.80 and held onto it (in fact I've only sold Psinet out of all the stocks i have as I typically make a decision and sit out for long-term return) It's been a wild ridy and I still can't figure out how it could go up to $14 and then rocket down to $4 even with the Far East, Latin America, Butterfat problems..... I could see it going down to say $7 but to $4? That's when I decided to load up and bought another 13000 shares recently all at around $4.25 to $4.60. Time will tell but I have faith in the mgmt (i.e. Serruya's) as they have shown to be good entrepreneurs. Of course now they are competing with the big boys so it will be interesting to say the least. My only concern (Butterfat will go down - as it already has, and the world market can't stay depresed forever and besides I think Yogi Bear said 70% of their franchisee revenue came from US) was a potential management conflict between Serruya's and the Smiths (Integrted Brands). It appeared to me strange that we have co-ceo's and I wonder how long that will last. Of course I hope Michael comes out on top and I know that he has way more shares in YF than the Mr. Smith but if Michael is smart, he will milk Mr.Smith's abilities, experience and contact for all it's worth before taking full control. Anyway, i am rambling now.. I feel good about the investment as there are very little risks for YF price to go any further down (Earnings multiple of 12 for a Small Cap with good growth record, aggressive mgmt, record streak of profitability, cashflow positive with mountain of retained earnings....) I heard of Royal Laser (I am from Toronto)... who are they? Can you point me to their web site?