Snapple

Here are some excerpts from yesterday's Wall Street Journal regarding the Snapple initial public offering:

Long-term investors might do better to sip a cup of tea. But stock traders are ready to gulp as many shares as they can get of Snapple, a maker of iced teas and other natural beverages.

Almost every growth fund money manager in America is trying to get a piece of Snapple's planned initial public offering.

Demand for the stock offering has been so great that last week the deal's lead underwriter, Merrill Lynch, increased the price range to $18-$20 a share from $14-$16. The New York beverage maker is expected to sell four million shares to investors, probably this week.

John

I agree with Elaine's treatment of Snapple: Drink one sip and leave it on the counter. The stuff is nasty, especially the teas. They taste like Nestea. yuk.

jam

I like Snapple. I buy it by the case at Sam's Club.

Tim

The stuff is awesome! No wonder Jerry keeps a frig-full of Snapple. As far as Elaine's tastes go,especially when it comes to men she goes out with,you gotta wonder....

-Mark

Well, (not that anyone cares, but since I have the info in front of me), it opened its first day of trading (Tues. Dec. 15) at 31 and is currently at 29.25. Followups to misc.invest, please.

Disclaimer: This is not intended as investment advice! If you buy or sell anything from this silly little post, you deserve whatever you get. See cautionary quotes from the WSJ in the referenced article.

Somone told me today that 10% of either Snapple's profits or sales are used to support the Pro-Life movement. Does anyone know if this is true?

David

   Somone told me today that 10% of either Snapple's profits or sales are
   used to support the Pro-Life movement. Does anyone know if this is true?

Respectfully, I vote for a motion that this newgroup *not* turn into a forum for the abortion debate. Please respond to this question with a simple non-controversial and friendly answer.

This has been an attempt to stem the tide of the inevitable...

Yes, I have heard this also. I was told by several people that a large portion of the profits go to support the Right to lifers. Also the owner of dominos pizza does the same.

I belive this announcement about snapple surfaces because snapple just went public. (ie: is not trading)

jpd