From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3155 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Monday, February 3 2003 Volume 02 : Number 3155 In this issue: Re: [CANSLIM] KKD - Amazing Re: [CANSLIM] KKD - Amazing Re: [CANSLIM] KKD - Amazing Re: [CANSLIM] KKD - Amazing [CANSLIM] Accessing the discussion canslim archives... ---------------------------------------------------------------------- Date: Sun, 2 Feb 2003 08:01:07 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] KKD - Amazing This is a multi-part message in MIME format. - ------=_NextPart_000_0008_01C2CA91.3DF68530 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Gene, sounds like that store is turning it into a cult experience. My = addiction started as a kid, smelling the donuts being cooked that = evening for the next morning as I rode home from delivering papers. = Every now and then I would have a spare nickel for a donut. In later years (70s), they developed the stores where they would retail = the donuts hot off the rack, along with fresh coffee. By the late 80s = however, they were selling off a lot of their stores, or closing them. = Changing dietary habits I guess. I think there has also been a change in management in recent years, = which along with a change in diet seems to be reviving this old chain. Personally I want to enjoy my hot glazed fresh off the rack in quiet, = even solitude, fresh cup of coffee, maybe a good book to read. - ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Sunday, February 02, 2003 1:00 AM Subject: [CANSLIM] KKD - Amazing Tom, I saw it with my own eyes.... a sugar oasis! I love to people watch and had a great time watching hordes of folks = stand in line and circle in cars a garish white building with several = orange neon lights signaling the serving of hot doughnuts 'NOW". Had to = share in your experience so we went inside to get a 'hot one'. The end = of the line formed outside but within 5 minutes I was handed a hot = doughnut in a paper wrapper. As we approached the counter I kept hearing = 'magic moment' yelled out followed by cheering, whistling and clapping = of hands. Soon it was my 'turn'... the counterman asked if this was my = first visit... when I said yes, he yelled magic moment and the 10 or so = employees started their cheering, etc. The place reminded me of a bad = bar... packed with folks and very loud music (70's) and folks having to = shout to be heard... the only difference was the lighting... KKD's was = almost too bright and the white furnishings and walls seem to exaggerate = their over-bright white look... the crowd there at 11.00 pm told me = that the folks love it so I'm no judge of decor... Eating a hot doughnut was different but it will never replace an Oreo = with a cold glass of milk! My question is what made this 66 year old company come back to life? Couldn't help looking around while we were outside.... on one corner was = a new Central Market, another had a big Blockbusters and another Condoms = to Go.... couldn't find a Starbuck's... Gene - ------=_NextPart_000_0008_01C2CA91.3DF68530 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Gene, sounds like that store is turning it into = a cult=20 experience. My addiction started as a kid, smelling the donuts being = cooked that=20 evening for the next morning as I rode home from delivering papers. = Every now=20 and then I would have a spare nickel for a donut.

In later years (70s), they developed the stores = where they=20 would retail the donuts hot off the rack, along with fresh coffee. By = the late=20 80s however, they were selling off a lot of their stores, or closing = them.=20 Changing dietary habits I guess.

I think there has also been a change in = management in=20 recent years, which along with a change in diet seems to be reviving = this old=20 chain.

Personally I want to enjoy my hot glazed fresh = off the=20 rack in quiet, even solitude, fresh cup of coffee, maybe a good book to=20 read.

----- Original Message -----=20

From: Gene Ricci =

To: canslim@lists.xmission.com=

Sent: Sunday, February 02, 2003 1:00 AM

Subject: [CANSLIM] KKD - Amazing

Tom, I saw it with my own eyes.... a sugar=20 oasis!

I love to people watch and had a great time = watching=20 hordes of folks stand in line and circle in cars a garish white building = with=20 several orange neon lights signaling the serving of hot doughnuts 'NOW". = Had to=20 share in your experience so we went inside to get a 'hot one'. The end = of=20 the line formed outside but within 5 minutes I was handed a hot = doughnut in=20 a paper wrapper. As we approached the counter I kept hearing 'magic = moment'=20 yelled out followed by cheering, whistling and clapping of = hands. Soon=20 it was my 'turn'... the counterman asked if this was my first visit... = when I=20 said yes, he yelled magic moment and the 10 or so employees started = their=20 cheering, etc. The place reminded me of a bad bar... packed with folks = and very=20 loud music (70's) and folks having to shout to be heard... the only = difference=20 was the lighting... KKD's was almost too bright and the white = furnishings and=20 walls seem to exaggerate their over-bright white look... the crowd = there=20 at 11.00 pm told me that the folks love it so I'm no judge of=20 decor...

Eating a hot doughnut was different but it will = never=20 replace an Oreo with a cold glass of milk!

My question is what made this 66 year old = company come=20 back to life?

Couldn't help looking around while we were = outside.... on=20 one corner was a new Central Market, another had a big Blockbusters = and=20 another Condoms to Go.... couldn't find = a Starbuck's...

Gene

- ------=_NextPart_000_0008_01C2CA91.3DF68530-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 2 Feb 2003 06:35:53 -0800 (PST) From: Jerry Weiss Subject: Re: [CANSLIM] KKD - Amazing - --0-327337216-1044196553=:84672 Content-Type: text/plain; charset=us-ascii Gene: Starbucks is: 1. across the street from KK inside Tom Thumb, and, 2. an "outdoor" Starbucks is two blocks away. Jer Gene Ricci wrote:Tom, I saw it with my own eyes.... a sugar oasis! I love to people watch and had a great time watching hordes of folks stand in line and circle in cars a garish white building with several orange neon lights signaling the serving of hot doughnuts 'NOW". Had to share in your experience so we went inside to get a 'hot one'. The end of the line formed outside but within 5 minutes I was handed a hot doughnut in a paper wrapper. As we approached the counter I kept hearing 'magic moment' yelled out followed by cheering, whistling and clapping of hands. Soon it was my 'turn'... the counterman asked if this was my first visit... when I said yes, he yelled magic moment and the 10 or so employees started their cheering, etc. The place reminded me of a bad bar... packed with folks and very loud music (70's) and folks having to shout to be heard... the only difference was the lighting... KKD's was almost too bright and the white furnishings and walls seem to exaggerate their over-bright white look... the crowd there at 11.00 pm told me that the folks love it so I'm no judge of decor... Eating a hot doughnut was different but it will never replace an Oreo with a cold glass of milk! My question is what made this 66 year old company come back to life? Couldn't help looking around while we were outside.... on one corner was a new Central Market, another had a big Blockbusters and another Condoms to Go.... couldn't find a Starbuck's. - --0-327337216-1044196553=:84672 Content-Type: text/html; charset=us-ascii

Gene:

Starbucks is:

1. across the street from KK inside Tom Thumb, and,

2. an "outdoor" Starbucks is two blocks away.

Jer

Gene Ricci <genr@swbell.net> wrote:

Tom, I saw it with my own eyes.... a sugar oasis!

I love to people watch and had a great time watching hordes of folks stand in line and circle in cars a garish white building with several orange neon lights signaling the serving of hot doughnuts 'NOW". Had to share in your experience so we went inside to get a 'hot one'. The end of the line formed outside but within 5 minutes I was handed a hot doughnut in a paper wrapper. As we approached the counter I kept hearing 'magic moment' yelled out followed by cheering, whistling and clapping of hands. Soon it was my 'turn'... the counterman asked if this was my first visit... when I said yes, he yelled magic moment and the 10 or so employees started their cheering, etc. The place reminded me of a bad bar... packed with folks and very loud music (70's) and folks having to shout to be heard... the only difference was the lighting... KKD's was almost too bright and the white furnishings and walls seem to exaggerate their over-bright white look... the crowd there at 11.00 pm told me that the folks love it so I'm no judge of decor...

Eating a hot doughnut was different but it will never replace an Oreo with a cold glass of milk!

My question is what made this 66 year old company come back to life?

Couldn't help looking around while we were outside.... on one corner was a new Central Market, another had a big Blockbusters and another Condoms to Go.... couldn't find a Starbuck's.

- --0-327337216-1044196553=:84672-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 2 Feb 2003 10:56:37 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] KKD - Amazing Gene, Here's some info on KKD. I was for several years with Doughnut Corporation of America (later diversified as DCA Food Industries). They made most of the donut machinery and prepared donut flour mixes used by donut franchises and wholesale donut bakeries as well. There are two kinds of donuts, cake donuts (leavened with baking powder) and yeast-raised (YR) donuts. Cake donuts were always adaptable to wholesale manufacture and distribution through supermarkets because they could be packed in moisture-retaining cartons without serious risk of the white sugar coating melting off -- which gave them a week of shelf-life. That was not so for YR donuts because the glaze coating would melt off in moisture-retaining cartons within 24 hours. So, YR donuts were not regarded as suitable for supermarket distribution. They were mainly restricted to sale in donut shops, where they were dispayed in the open, and consumed a few hours after glazing. Since YR donuts were mainly favored down South, Krispy Kreme was for many years mainly a Southern franchise. But, somewhere along the way, they figured out how to get 3-4 days of attractive shelf life out of packaged YR donuts. For years, the donut industry had failed in all attempts to do that by formulation changes in the donut or the glaze. I suspect that KKD has found a partially moisture-retentive packaging material to effect a compromise between premature drying-out of the donut and melting of the glaze - -- helped by formulation change. Just a guess. Whatever -- 3-4 days of shelf life made it possible to sell packaged YR donuts thru supermarkets, especially by displaying them on racks near the checkout counter, where fast turn-over would occur. This kind of distribution educated consumers about YR donuts and promoted business in KK stores, where the YR donuts would be even fresher. This opened the door for KKD to expand the franchise up North, which their management had the courage to do. Thus a sudden rapid-growth of a stodgy business, stock-market fervor, sky-rocketing stock-price and, then, the inevitable descent to reality with profit-taking. Truly, an old Company that became a New America Company for awhile by finding a new way of being in an old business. Now, they're hoping to regain rapid growth by going into the bread business. Maybe they'll be smart enough to make it fly. Maybe by marrying their breads with the donuts near the checkout counter -- if the supermarkets will permit that. Good luck!! Gene, you didn't know what you were getting into when you broached KKD, but I just happen to have been QC Director of a major supplier to their kind of business. I'll bet that -- among all of us CANSLIM-er's, there are individuals with expert knowledge of almost every business. I wish more of us would contribute such knowledge when stocks in their fields come up on the CANSLIM radar screen. It would add to our evaluation of investment opportunities. Dave - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 2 Feb 2003 11:09:09 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] KKD - Amazing Dave, I totally agree, and especially with your final comments. One of the most difficult things to evaluate in a stock is the quality of Management. Probably the next most difficult thing to consider is the business itself, unless you are already an expert in that industry or sector. Since most of us have a "day job", the knowledge and personal experience we can share about a company or industry can be very enlightening. - ----- Original Message ----- From: To: ; Sent: Sunday, February 02, 2003 10:56 AM Subject: Re: [CANSLIM] KKD - Amazing Gene, Here's some info on KKD. I was for several years with Doughnut Corporation of America (later diversified as DCA Food Industries). They made most of the donut machinery and prepared donut flour mixes used by donut franchises and wholesale donut bakeries as well. Gene, you didn't know what you were getting into when you broached KKD, but I just happen to have been QC Director of a major supplier to their kind of business. I'll bet that -- among all of us CANSLIM-er's, there are individuals with expert knowledge of almost every business. I wish more of us would contribute such knowledge when stocks in their fields come up on the CANSLIM radar screen. It would add to our evaluation of investment opportunities. Dave - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 03 Feb 2003 08:00:00 -0700 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. The best way is to use your web browser. To browse the archives, point your browser to: ftp://ftp.xmission.com/pub/lists/canslim/archive/ 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #3155 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.