Investment Bank
Last summer we
hired an investment bank to help us evaluate where we are and
where we might
want to go. Options under consideration include (but are not
limited to and
are subject to market conditions and available opportunities)
the possibility
of:
* Acquiring
another Company;
* Making
additional investments in production capabilities;
* Investing in
expansions of our product lines;
* Making
additional share repurchases; and
* The
possibility of paying an extraordinary dividend.
While we will
continue to seek out opportunities, for the immediate future and
in general:
* We have
little interest in selling the Company;
* We have even
less interest in taking the Company private;
* We have no
interest in buying a Company that competes with our customers by
operating its
own restaurants and retail outlets;
* We are
reluctant to proceed with any business acquisition strategy until our
new information
systems are in place and the organization is ready to
administer them
and the acquisition. Doing so before we are ready is too
great a risk
for us. |