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

To: yogi bare who wrote (1654)	5/18/1999 8:37:00 AM
From: Stocker	Read Replies (1) \| Respond to of 2453

Yogi, you're right about the franchise fees. Accounting rules would prohibit YF from reporting them as revenue until they have fulfilled substantially all of their obligations to the franchisee. This means that the revenues, even if paid up front, could only show up on the income statement over a year or two period. Still, this does seem like a nice deal for YF. Suspect the stock didn't react yesterday because everyone is waiting for the fed to act before they commit to buy ANY stocks. This also means that YF may not be "abandoning" it's franchise ops like the market thought. If that's the case, maybe YF's growth won't slow as much as some, including myself, thought. Maybe the market is unsure of how YF will supply all those new outlets. Could mean building or buying a plant in Germany??