Lifeway (LWAY)

[gfp927z]

Giff, Well, with the stock cut in half, they've certainly done that.

If you haven't listened to the analyst interview on Market Watch from several weeks ago, they bring up some good points, especially the lack of company guidance ahead of the disastrous .03 quarter. Analysts will be very wary for a long time, unless the company starts communicating better. He also pointed out that even at $10, the stock still has one of the highest PEs in the sector. And the Yahoo PE still reflects the blowout .07-.08 cent quarters from early '07, which are not likely to be repeated for some time. So the PE is actually much higher if you figure in a couple .04-.05 quarters going forward. The analyst also criticized the share buyback announcement, coming as it did in the face of steady insider selling.

Also, has the company ever publicly explained their retail store strategy? We need to know the scope of their plans, how much it will cost, etc. This is a publicly traded company, and if they want to attract investors they're going to have to start communicating.