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Is Krispy Kreme the next Enron?


Guest SalG (Sal Grenci)

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Guest SalG (Sal Grenci)

Krispy Kreme Bites<BR>So reads the headline in the business section of the NY Post today. KK is using an SPE (Special Purpose Entities) to hide the cost of a $30 million factory in Illinois. This the same kind of gimmick as Enron.<P>SalG<BR>keeper of the KK business news<BR> confused.gif" border="0mad.gif" border="0shocked.gif" border="0 <A HREF="http://www.nypost.com/business/41143.htm" TARGET=_blank>http://www.nypost.com/business/41143.htm</A><p>[ 02-11-2002: Message edited by: SalG ]

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Guest SalG (Sal Grenci)

Stock price went down today and they announced that they are putting the factory on the books and that revenue is up %40. smile.gif" border="0

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