SYSCO Perspective -
By: mruck
Saturday, 28 Oct 2000 at 2:37 PM EDT
RE Sysco
Some folks at the meeting wanted to hear that we had a hundred million dollar contract signed and ready to deliver. The deal is suppling one distribution center, I believe in NC, and is based on order demand - Sysco's end users orders. So dollar amounts are not concrete yet.
They (STRU) probably have an idea, but that is something that they are not going to share yet, I believe. Doug, Rhett, Ken, Brent are way too smart to screw this up. They know that we cannot support all of Sysco's distribution centers now, and to promise what we cannot deliver would be throwing this opportunity in the trash can.
The business will be there if we handle this professionally. More alliance herds will sign on when they KNOW the business is there. We can't expect the farmer to sign over their herds unless the product will go to market.
This deal, along with SuperValue agreement, will show potential alliance herds that Struthers is for real, and the business will follow. One step at a time, boy am I looking forward to next week. Hope to have more information after the dinner, I beleive Dave Diebold has a presentation.
mruck
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
