Who do you think contacted Taglich and got them to take on LWAY as a client?
It was me.
Braaron I've read some of your posts here and sadly must now call you out as a fool who knows little of what he speaks.
You are correct that Smoly wrongly invested and pissed away company cash reserves.
That is the only thing you got right.
Smoly and now his daughter do know how to operate the company, they do know how to make a first quality, great tasting product...That above all else should be and is top priority...
It is true the stock is not going anywhere but not for the reasons you cite.....It has nothing to do with LWAY management, nothing at all...Their job is to make a good product , the best, and they do that very well....The reason the "stock" has never and will never do anything is because Lifeway's market niche, kefir, is small...At best it is a slow, steady grower, year after year.....Mostly in Russian Stores, Health Food stores, and some Chicago area supermarkets....It's a fine little business but nothing big, nothing sexy, and that is the reason, not management, that the LWAY stock goes nowhere.
Most family businesses are run far more efficiently and profitably than public companies.
You are a fool if you think being "public" somehow means company execs are smarter or more effective.
Regarding Julie, she knows what she needs to know..........She learned from Mike how to operate the manufacturing plant, that is top priority for a food company......She also is eductated and shrewd enough to know the best way to spend Lifeway's limited marketing budget.
Nothing wrong with this company at all, it makes a superb product (s)....As an "investment", though, it falls short because Lifeway's Russian population consumer base and health food store niche is not mainstream enough to achieve the sexy, dramatic sales gains necessary to attract stock buyers here.
A couple years back I spoke with Smoly about the "name" drinkable yogurt.
My personal opinion was and is that the name "drinkable yogurt" is widely recognized and an easier sale than the name kefir.
I was not suggesting dropping the name kefir, instead to just add a new product labled drinkable yogurt.
Smoly actually took offense, he considered kefir far better quality and more healthy than "drinkable yogurt"....He also said awhile back the company had labled some product (either private label or with the Lifeway name I do not remember) with the name "drinkable yogurt" and it did not sell well.
That is hard for me to believe.
I have no doubt in my mind that a Lifeway-Drinkable Yogurt labled product would do well at retail if ever given a fair chance....The Dannone (and other brands) of "drinkable yogurt" out there on mainstream market shelves right now is junk compared with Lifeway product.
Maybe Julie will try launching a Lifeway-Drinkable Yogurt product.....To me that makes more business sense then past introductions like Basics Plus and even Soy Treat which consumers are less familiar with than "drinkable yogurt".
By the way, anybody know how SoyTreat has done , sales wise, since its product launch?
As I recall, and it was a few years back, Mike had told me some private lable customers had ordered and received from Lifeway a product labeled "drinkable yogurt".
Sales were apparently nothing impressive.
Bottomline is that Mike felt the name "drinkable yogurt" was demeaning to his kefir product.
He felt the name kefir itself had value and represented a far more quality image than the name "drinkable yogurt".
Myself, I feel like "drinkable yogurt" is a much easier name for American's to understand and buy.
I still feel like ninety nine out of one hundred American's don't know what "kefer" is.
From a business perspective the name drinkable yogurt I think would be much easier for Lifeway to use and gain significant new sales.
That's just my own personal opinion.
Also I recognize Lifeway Kefir does mean something to Russian stores around the USA, to health food stores, and to some mainstream markets expecially around Chicago.
For sure Lifeway wants to maintain that good group of steady core customers.
I realize the "drinkable yogurt" name would probably be costly to try and market-sell against other extablished vendors who already have a presence as a "drinkable yogurt" brand.
Finally, Mike did an excellent job building this fine quality little food manufacturing business (from scratch) into an impressive nationwide-distribution-operation........That's not easy and it took him years of hard work.
My feeling about Julie is that she is smart enough , business experienced enough, and hard working enough to carry on where Mike left off and make the company even stronger.
As a "stock investment" I don't have an opinion regarding LWAY.
Wall St. works mostly on psychology, perception, sexy news, liquidity etc....and none of those factors really favor LWAY compared with the larger, more glamorous stocks available to buyers.
I think "yogurt" became a USA household name for a few primary reasons.
Number one it is perceived as healthy and low-fat.
Number two, starting in the sixties, healthy foods became more fashionable so many dairy vendors began producing, advertising, and selling yogurt to supermarkets.
Number three, it's been about forty years since supermarkets started stocking a variety of yogurt flavors and brands. That kind of time has value and meaning towards making "yogurt" a household name.
Actually I think it is the Starbucks sipping SUV driving slovenly parents who let their children , the future of our country, waste away on electronic games.
NINTENDO IS JAPAN'S SHREWD WAY OF DIMINISHING THE FUTURE POWER OF THE USA.
America is what it is because of the hard work which past generations have done.
Now America slowly declines as greedy lawyers and overpaid executives pick the fruit born from the sweat of their grandfathers.
What a coincidence ! I too have been watching/buying this stock for ten years.
In the past year I sold a large amount of shares at $34.75, and I recently bought back in at $12.85.
I notice you are all over Yahoo message boards calling people "idiot" and "dumbazz". Blaming everyone you can think of, including floor traders ???, for your financial losses.
Did you ever consider that maybe you are the one who is not too smart ?
By the way, Brocade's forward "numbers" are not a sure thing.
I expect the company and the analysts following it to revise 2008 numbers downwards due to soft corporate cap ex spending.
I would be surprised if Microsoft (or any other company) would be willing to pay $10 for Yahoo stock.
Even at $10 YHOO has a market cap of about $14 billion.
Company sales are only about $6 billion.
at $40 per share YHOO's market cap would be about $56 million.
For what ? email addresses and a brand name ?
not worth it
ntelover is full of crap.
Netezza's two main customer groups are ecommerce and telecom.
Netezza is growing nicely, the CF0 recently spoke at an investor conference( the web cast replay may still be at Netezz'a website) and he reiterated previous high growth guidance for 2008 and beyond.
Netezza has about 125 customers, several which go back to the well and purchase additional appliances because they are so satisfied with Netezza appliance performance.Going forward he expects dramatic type high revenue growth. New business from existing customers and new customers. Penetration of new industry groups. Government sales potential very large. Existing customer upgrades, maintenance revenues growth potential, long list of positives here. 50% plus growth revenue growth potential.
I doubt Microsoft (or any other company) would pay more than $7 or $8 dollars for YHOO shares.
ecstatic98 you wrote "every single bad thing you can think of is more than priced in yahoo's price".
Are you sure about that ?
YHOO has about $6 billion in revenues and its market cap is more than $20 billion.
$6 to $8 per share is a reasonable price for YHOO.
You are dreaming if you think $19 or $20 is a "low price" for YHOO.
Arden is a good concept.
The previous buyer got away from basic items, and now WTSLA is remerchandising Arden to include more basics.
You own 165,000 shares?
That's nothing, I own 250,000 shares. No wait a minute, make that 400,000 shares that I own and I am looking to buy more.
See how easy it is to be a major stockholder on a yahoo message board ?
Please karlihui, NOBODY cares how many shares you pretend you own. If I had to guess I would say you probably own 3,000 or 4,000 shares, tops.
But that doesn't matter. The point is that people come here to find out some information about the company. Nobody comes here to listen to some jerk off pretend that he is a big shot investor.