News Focus
News Focus
icon url

Belgie24

10/25/02 5:27 PM

#38670 RE: Zeev Hed #38665

Zeev, Just to add to your fundamentals on this one, craft brews have been a keen interest area for me in the last 10 years. I have watched the Pacific NW beers in particular, since I live in a suburb of Portland, Or. These companies have gone from unlimited potential to questionable investments in the last couple years. Competition has killed profits and led to consolidation and liquidation for some. I have long thought that Redhook and Widmer would survive, due to their superior product, as well as their affiliation with Anheiser Busch. I think this guarantees them distribution channel and grocery store shelf space, which is very crowded these days with micro-brews.

I am very happy to see your opinion in this area, and will look to invest in HOOK next week. I intend to study their fiancials over the weekend, and may ask you a question or two about them. Thanks for your input.

Belgie