| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 504.1 | | ZENDIA::FERGUSON | Your recipe is so tasty | Wed Jun 23 1993 10:16 | 1 |
| what is the stock at right now?
|
| 504.2 | up 1 & 3/4 | ANOVAX::JWICKERT | Moe, Larry, the cheese! | Wed Jun 23 1993 10:51 | 1 |
| 37 & 3/4, up 1 3/4 yesterday (6/22).
|
| 504.3 | too hot to touch | NOVA::FINNERTY | Sell high, buy low | Wed Jun 23 1993 10:57 | 7 |
|
There've been a few comments in Barron's of late; none of them
positive. The market cap/sales ratio is, or should be, intimidating
to anyone considering a new purchase.
In the words of one, if syringes had been found in Snapple instead of
Diet Coke, all their competitors would have copied them! :)
|
| 504.4 | Fad-ish | USCTR1::BJORGENSEN | Just another ASEL.... | Wed Jun 23 1993 11:10 | 7 |
| The Journal has also had a few comments over the past several weeks. The
comments were not exactly positive and suggested that it *could* be one
of those fads to stay away from. Personally, there are some other picks
out there that are better suited for my portfolio.
- Brian
|
| 504.5 | | MSBCS::SHAH | | Wed Jun 23 1993 14:20 | 7 |
|
Dan Dorfmann of CNBC had this on his list of TO AVOID stock. He
mentioned that the stock was way over priced and is for a fall in next
couple of months. But then again in his words, that's one man's
opinion !
/Alkesh
|
| 504.6 | | SUBWAY::SAMBAMURTY | Raja | Wed Jun 23 1993 14:58 | 2 |
| and one of the reasons it went up last week was due to short
covering...
|
| 504.7 | Up again | ANOVAX::JWICKERT | Moe, Larry, the cheese! | Wed Jun 23 1993 17:36 | 1 |
| It closed today at 39 & 1/4, up 1 & 1/2.
|
| 504.8 | | NETRIX::michaud | Jeff Michaud, DECnet/OSI | Wed Jun 23 1993 18:42 | 2 |
| Didn't Snapple stock split recently? CNN HN had talked about it
for a couple days when it was running up fast.
|
| 504.9 | 2 for 1 | ANOVAX::JWICKERT | Moe, Larry, the cheese! | Wed Jun 23 1993 20:17 | 4 |
| Yes, it just split 2 for 1. I'm not certain of the exact price it
split at but I think it was somewhere around $70. It's IPO was I think
$19 about 6 months ago.
JRW
|
| 504.10 | | THPPT::LAPINE | | Thu Jun 24 1993 16:10 | 4 |
| NBR reported that there is significant concern about future earnings at
Snapple because of intense competition, especially in the iced tea area.
|
| 504.11 | Many more to choose from | ANOVAX::JWICKERT | Moe, Larry, the cheese! | Thu Jun 24 1993 23:00 | 7 |
| I stopped in the local beer distibutor last night and noticed a full
array of ice tea brands that I never saw before, showing that everybody
and their brother is jumping on the bandwagon. Maybe this is like the
wine cooler fad that fizzled after an initial jump in sales. I
appreciated all the inputs. Thanks.
JRW
|
| 504.12 | | AOSG::GILLETT | But that trick never works! | Sun Jul 11 1993 02:10 | 12 |
|
Yet Another Data Point:
Barron's today, in their "Big Money" poll lists Snapple as one of the
favorite shorts of the big players.
Another article in Barron's describes big moves like this as bandwagon
moves where lots of folks jump on just before it goes over the cliff.
Look at the fundamentals as well as market emotion!
./chris
|
| 504.13 | ITS A BUY SIGNAL! | GRANPA::FTAUBENKRAUT | | Fri Jul 23 1993 01:08 | 12 |
| WHAT'S THE OLD SAYING WHEN EVERYBODY IS NEGATIVE ITS TIME TO BUY!!!
JIM YOU SHOULD HAVE CALLED ME ON THIS ONE.... THEY FIXED ALL THEIR
DISTRIBUTION PROBLEMS IN THE WEST COAST. WHEN THEY DID HAVE SHORTAGES
THEY MARKETED IT AS "THE GREAT SNAPPLE SHORTAGE". SALES INCREASED BY
NINEFOLD.. THERE IS A COUPLE OF LOCAL DISTRIBUTORS I FOLLOW THAT ARE
BOOMING WITH SNAPPLE PRODUCTS. THEIR MARKET IS NOT JUST ICED TEA.
MAYBE I'M PARTIAL, BUT SNAPPLE ICED TEA BLOWS AWAY LIPTONS OR NESTEA!!
STILL A BUY......
FRANK T.
|
| 504.14 | | NETRIX::michaud | Jeff Michaud, DECnet/OSI | Mon Aug 16 1993 19:14 | 2 |
| Did I hear right. Did snapple really split again today
(or planning to this week)?
|
| 504.15 | YES | MSBCS::SHAH | | Tue Aug 17 1993 10:59 | 2 |
|
YES, Snapple announced a split yesterday.
|