Whole Foods In the News

Originally published In the News 7/12/07

Going green is one thing. But turning green in the gills is another.  Shareholders of Whole Foods Markets Inc. (WFMI-NASDAQ) had a long run of uninterrupted prosperity for much of this decade. The company banished Wild Oats to the bargain bin, and taught national supermarket chains a thing or two about merchandising. But shareholders have not had it very easy of late, and the breaking news that CEO John Mackey was posting for years under an alias on the Yahoo! stock message boards probably won’t be greeted warmly by either the board or shareholders. Although his bashing of Wild Oats on the stock message boards might not have gotten the desired effect, given that the stock never reached his measly price target, he still went out and bought the company. Dirty Pool? Or is all fair in love and war? Herb Greenberg will have a field day with this one.
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