Found on the Bob Evans Web Site!
1. When was
the initial Public Offering of
Bob Evans Farms
Inc. stock and what was
the price at that
The Initial Public Offering of Bob Evans Farms
Inc. stock was 160,000 on June 6, 1963, at a price of
$9 per share.
I know the company goes back longer than 1986.
What I don't have when they went public.
truckstop is basically what got the company into the
restaurant business. That is why the company has something
of a bifurcated nature--sausage and restaurants. The
restaurant sector took off in part because of the appeal
from the truck stop and the fairs. As the nature of
the US breakfast diet changed, the restaurant sector
grew more rapidly and became the dominant
The recipe of the sausage has changed because of the
change in US eating habits. Lower fat sausage sells
better because occasional buyers do worry some about
fat. The lower fat option will also keep your sausage
customers alive a bit longer. There is a downside to the
lower fat option in that it isn't quite as tasty. I
have heard that complaint about BOBE sausage
How's that for a short partial story?
I did do some research and I told you where I did
the research and the information that I had. So, I
went to another source called Wall Street City and
checked their price history for BOBE. They show BOBE
trades going back to the 1970's and I still can't find a
place where the nominal price of the company has gone
down in the course of 20 years. Just because it is
quoted in the NYT doesn't mean it is true. If you want
to qualify the NYT to account for inflation, then it
might be true, but the NYT quote didn't say that. Also,
if you are going to account for inflation, then you
should also account for dividend yields too.
I can find with some selection a 10 year period
where the price of the stock goes down. Over the past 5
years, it is easy to find a period in which the price
has declined. Neither of those are good, but both of
those are a lot less dramatic than the 20 year time
span so pointedly expressed in the article.
the other interesting tidbit I found in this research
which I am willing to share is that there is a gap in
the share price for BOBE in the mid to late 1980's.
Does anybody have an explanation that they are willing
Still want to vote for this asshole for the
How can cluckerman expect anyone to take anything he
says serious when he continually talks down to people
on this board while responding to them. Wait, I need
to clarify that, he only talks down to those people
who don't share his views.
The Good Rocket
If you do a little more research you will find
BOBE didnot go public in 1986. Do a little home work
your self. I know when BOBE went public, but when I do
research for people on this board people always want to
contradict my information. We really don't care where you
went to school, but did they teach you how to do
THE GOOD CHICKEN
Another thing you may not know. Bob Evans owned a
small truck stop in southeastern Ohio.
a large portion of his business-he served it all
day long:so Bob wanted to make sure he was serving a
quality sausage to his customers. Now the company has
since changed the recipe of his sausage. They used to
serve their sausage at a lot of the fairs. I have told
you enough now, I doubt you would appreciate hearing
the whole story of Bob Evans anyway.