Word: knowing
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Dates: during 1990-1999
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...production capacity. Now Mocha is looking at two more potential acquisitions, each of which would cost around $100,000 to $150,000; they may be a way to increase sales and profits without adding to his 24-employee payroll. But Mocha has no dreams of becoming a conglomerateur. "I know the truck-equipment industry," he says. "But if I were to buy a waffle shop, the learning curve would be very high...
...sell his Universal Folding Box Co. in Hoboken, N.J., after his heirs made it clear they had no interest in carrying on the business. But he held out until he found a buyer, Workflow Management of Palm Beach, Fla., that would pledge to keep his 165 employees. "I know almost all the employees by name," says Batkin. "I know their families. It was very important to me that I sell to a company that was not going to liquidate and move the business somewhere else...
Personally, I just don't know enough to be worried about biotech, although I figure that if anything is going to do in my visiting in-laws this Thanksgiving, it's going to be Salmonella from an undercooked bird or their taxi ride out to LaGuardia...
...turkeys! At 79[cents] per lb., the fresh ones were a terrific bargain. (The not-quite-as-good frozen ones were even cheaper, 39[cents] per lb.) But had the birds fed on engineered grains? I called Giant's p.r. guy to ask. "We wouldn't know," he told...
...TIPS: KNOW WHAT YOU NEED...