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Krispy Kreme Doughnuts, Inc. Message Board

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  • Puttemout Puttemout Sep 4, 2003 1:07 PM Flag

    Misery Loves Company

    Thanks for input I think that is the kernal that comes back to haunt .They must keep opening stores with joint ventures to keep manufacturing profits. Even more important than the repurchase of franchises where they can burn inventory and expenses before closing. If their financing of the Joint Ventures are non-recourse to the to the other parties then the analogy of transferring from one pocket to the next and bringing it down to Pre-tax is accurate. Perhaps if Dandy Randy is leaving he would enjoy a lengthy deposition in a Class Action. If not illegal this seems totally unethical and a major concern for Wachovia and Price Waterhouse. This is a classic Short idea I'm going to dig deeper and sell more now!!!11

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