Friday, January 21, 2005

(Wall Street) Honeymoon is Over; (SEC) Divorce to be Messy?

It was just a few years ago, right after the tech and telecom bust, that Wall Street had fell head over heels in love with a doughnut maker.

I admit feeling left out in the cold by the members-only IPO for a club I didn't belong to. So I wondered was it sugar and dough that I thought odd as rising to the top or just something in which I couldn't share, at least not at a reasonable price. Still, those sugared water companies (Coke, Pepsi) provided a strong return so why not sugar and dough? Maybe I was missing something--or maybe Wall Street was.

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