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Subject:  Re: Buffett Buying Krispy Kreme? Date:  4/2/2004  1:24 AM
Author:  teancum74 Number:  142 of 190

Personally I think that it was a great acquisition. First, from my experience the possibilities of one-time sales is almost nill, in other words, a constant and renewable source of enjoyment. Second, this particular acquisition has sprinkles, and frankly this adds not only a little spice to what might have been only a normal purchase, but it also shows that even the power players can be enticed into purchasing something that has a little flare and artistic value. The risk is the high P/E ratio (Purchase to Exercise). If you get to many purchases like these into your portfolio, believe me, you'll pay for it in the long run, but in an acquisition of this size I think that the risk is worth it.
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