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From: | "nick" <acummin@es.co.nz> |
Date: | Thu, 10 Aug 2000 17:35:53 +1200 |
I suspect the dip in price is due to the news that frucor lost their latest court battle with red bull over frucors use of the words "vitalises body and mind" which is on cans of V. Red bull argue that they were using that phrase before frucor. To my mind it shows that red bull is taking the new competition very seriously, which means they must think V is a serious rival , good news for frucor fans. However it may also mean frucor will have to change the wording on their cans and some of their advertising. There are probably plenty of investors who bailed out on this news, taking the view that they had made a nice quick profit from the share. However, the buisness of the wording on the can is of small concern. What really counts is how well the drink catches on in the uk/ireland. We still dont know, all we do know is that the potential upside is huge. nick > Any news from the UK on the progress with V ? Frucor has been on downward > slope recently after nice rises. Does this mean sales are not progressing > as they should ? > > MN > ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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