Word: kremes
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What sweet irony. Even as the new economy-loaded NASDAQ index continued its death spiral last week, investors gobbled up shares of Krispy Kreme Doughnuts as if cholesterol were a newfound health food. And while the tech gang was frantically dialing down its earnings estimates, Krispy Kreme announced profits that easily beat the forecasts.The stock soared to $79.19, up $6.68 in an otherwise dreadful week...
...Krispy Kreme's doughnuts have outperformed microchips, routers and 10-gigabit lasers since the Winston-Salem, N.C., chain went public at $21 a share last April--just as the NASDAQ started its swoon. The company has become so hot since the offering that it plans to quit NASDAQ in May for the industrial-age New York Stock Exchange...
Granted, the statistics--like the scales--don't lie. And it doesn't take an actuary to figure out that with Krispy Kreme going public next year and planning to open hundreds of new stores, America will continue gaining weight in the 21st century. Which means more and more people can expect to hear the antifat refrains that I've become so familiar with: "You won't live as long," "Your quality of life will be diminished," "Society will reject you," "You won't be able to keep up in the protest marches." (That was just in my family...
...geometry. He was raised a short bike ride from the school, graduating in 1985. He moved to Colorado and Texas but returned after marrying, so that he could raise his two children in Webster's small-town atmosphere--and see his students at the pizza parlor or the Krispy Kreme. He doesn't mind when they stop by his house, or hide outside his back door to blast him with water balloons. "I would never teach in a school where I didn't live," he says...
Where is Mr. Donut in the square? There is no Krispy Kreme along Mass Ave. Come on, think about it. What brand of donuts do they sell at Christy's? At Baskin Robbins? Catch my drift...