Lifeway (LWAY)

[gfp927z]

In2it, In addition to the sky high valuation, I'm not convinced that milk prices will be coming down that much over the longer term. And if milk prices stay high, earnings aren't going to recover very quickly. Stock valuations like this require rapid earnings growth.

Also, listening to the recent conf call, I wasn't that impressed with the two principals running the company. They sounded like two high school kids. Julie does sound like she has some marketing ideas/talent, but the overall impression is that there isn't a seasoned management in place. So I'm still on the fence with this one. Also, I tried the product once, but it messed up my GI tract for several days. I'm not lactose intolerant, so I don't now what happened. They put in so many different bacteria strains in the product, I think there might be some shelf life problems.