Has anyone had problems adding items to your cart
on Wholefoods web site?
I click on add item
and then click OK. When I go to look in my cart,
nothing is there.
Any similar experiences with IE
5.0 or any other browsers? Is this a big problem with
If anyone is reading messages today and I sure
hope that someone is, there is going to be a program
on KSFO 560 AM today, Sunday,at 4 PM Pacific time.
You can listen via audio by going to www.ksfo560.com.
Barbara Simpson is the hostess and is widely listened to
here in the San Francisco Bay Area. I'm hoping that
because you have an interest in Wild Oats that you would
like to learn more about terminator seeds, genetically
engineered foods, etc. I personally am against them all -
how about you? Good chance to listen today and hear
what others are thinking and saying.
-ed in minority stakes to buy back more WFMI
stock? WFMI is not the Mackey Investment Company. We as
shareholders should fight the adoption of the poison pill
provision (by filing a derivitive law suit) and request
that the company retain an investment advisor to seek
a sale of the company. Management seems to be doing
a good job on store level operations but the
strategic focus and ability to execute expanison
effectively is apparently not what it should be and is
markedly reducing shareholder value. It's time to unlock
the value. Anyone have the number to Wild Oats?
WFMI is a "show-me" stock and once again
management displayed its lack of focus and credibility in
Simply put the new internet
strategey serves two purposes. First it creates a bunch of
hype in the hope that no one will notice that the
company can't hit its earnings numbers. Second, it allows
Mackey to fancy himself as a new-age Jeff Bezos. He'll
probably get a bunch of options which will allow him to
throw the dice in the hope of becoming internet rich.
When the company lowered fy99 estimates and growth
rates it blamed it on, in part, a $2M charge for
estimated Y2K compliance. According to the the most recent
10Q only a small portion of that amount has been
spent as of the end of Q3. Now part of the the $6M
charge includes apx. $1M for Y2K upgrades. Shouldn't
that have already been figured into the lowered
earnings projections? And where did this new software
upgrade come from? It had to have been the works for a
while? Are they taking special charges for capital
expenditures in order to obscure the fact that they cannot
control SG&A expenses? They should just come clean and
tell the shareholders that the expansion is taking far
more money and resources than they initially
envisioned (my guess of what's really going on).
What further frustrates Wall Street is the this off
the wall minority stake investment in other
companies. We want to own grocery stores not holistic
medical centers. What are they thinking? Further, why pay
a premium price to acquire a minority stake in RTGC
when they should have gotten the stock in exchange for
specially promoting the companies goods in WFMI stores and
on the internet?
Management thinks WFMI is
unfairly treated on Wall Street and that the stock should
be much higher given the top-line growth and
contribution numbers from the core grocery biz. Well, why
didn't management use the $23M they invest
prediction. Today I wear the dunce's hat.
Tomorrow the reverse may be true. I still believe that
this company will double from this point within the
next two years. This weekend's party is on me. Best
wishes to all.
All of our questions will be answered in due
time...but my guess is that WFMI will spin off some or all
of the company, exclusively by the IPO. WFMI and
thus its shareholders will "benefit" from the proceeds
from the IPO (less of course the banker's fees). Will
the proceeds exceed the management diversion and true
I was never on the bandwagon with
the dot.com posters on this board...time will tell if
this is a good move, but so far the market doesn't
like it! Meanwhile, OATS is cruising along (I don't