Snyder's of Hanover

[Clocker]

The Coke takeover rumor is true. Think about it. Pepsi/Frito and Coke/Snyder-Lance. Snyder has been promoting with Coke long before the merger. If this goes through Pepsi/Frito will no longer be the dominant combination. They'll still have an edge but it won't be anywhere near as big as before. Coke/S-L is a tremendous idea.

[ibo sucker]

Clocker wrote:

The Coke takeover rumor is true. Think about it. Pepsi/Frito and Coke/Snyder-Lance. Snyder has been promoting with Coke long before the merger. If this goes through Pepsi/Frito will no longer be the dominant combination. They'll still have an edge but it won't be anywhere near as big as before. Coke/S-L is a tremendous idea.

clocker... where did you see this information about coke taking over lance snyder? I looked over the web and did not see it anywhere.

[Tattooed pretzel]

I'm trying to see where this would be a smart move for coke to takeover the company. There would be such a huge cost to buy out all the routes and then to furnish company vehicles, put people on payroll etc etc etc. just no part of this rumor makes sense. To further my theory, through the last merger the company was able to unload more expenses off their books by converting existing lance routes to IO status thus pleasing stock holders and boosting profits. Why would a company merge into a larger company only too double their expenses of company routes and be right back in the same position they was in just 16 months ago.

[Head Dude]

If Coke bought Snyders, they would keep the Snyders Lance routes I/O.

[Snyders of bend over]

Xtrafulls the next s-l flop ...

[WNY distributer]

Clocker wrote:

The Coke takeover rumor is true. Think about it. Pepsi/Frito and Coke/Snyder-Lance. Snyder has been promoting with Coke long before the merger. If this goes through Pepsi/Frito will no longer be the dominant combination. They'll still have an edge but it won't be anywhere near as big as before. Coke/S-L is a tremendous idea.

Clocker,I think you are dreaming, that would be to big a story to hide....unless you have some inside info!
With that said if it ever did happen it could only be a win win situation

[WNY distributer]

Snyders of bend over wrote:

Xtrafulls the next s-l flop ...

Agreed...makes one wonder who comes up with these half ass product ideas!

[not so fast there]

WNY distributer wrote:

<quoted text>
Clocker,I think you are dreaming, that would be to big a story to hide....unless you have some inside info!
With that said if it ever did happen it could only be a win win situation

__________
WNY distributor,
You think it would be a win win situation? Did you also think when Snyders merged with Lance it was a win win situation? How's Frito guys doing now? We've had people from there working here now because they used to make unlimited salary. From what I hear today they top off somewhere in the $49,000/year range. And if some one went over that they would change the routes around to bring the salary back down. Ask Snyders guys taking a 1.5% decrease in pay if the merger was a win win situation. Lance guys, though may not like everything with the merger got a raise to 18%.
If I were an IBO working FOR S-L I would be proactive and reread your contracts to see what would happen if there was another merger or buyout. You will be surprised. It was always a one way contract. For corporate. That's why they make the big bucks....

[pastorjohn]

hey guys new here but i'm glad to find the site anyone else having trouble getting c2 taken care of? i sent in for some missing items a while back they would'nt give me credit because the items were not at the warehouse i am last on my deliverytruck with 3-5 stops before me! check your contracts and see if the papers you signed concerning how much % you make are still there mine arn"t.

[FUTURE]

Hi can a decent living be made with a Snyder Lance routes?

[bob]

FUTURE wrote:

Hi can a decent living be made with a Snyder Lance routes?

come sign on the dotted line and bendover if that tells you anything

[FUURE]

Oh my word!!

[FUURE]

BOB, Why would I have to bend over??

[falling route average]

Did anyone see the latest law suite on Snyder/Lance.The Stock web site says a Breach Of Fiduciary Duties By The Board Of Directors anybody have any info on this or know what it means

[Clocker]

The "rumor" is true. But rumors aren't plastered all over the internet. It's all about space in the major chains. Right now Pepsi/Frito automatically get any end cap they want. Product all over the store tying in with chips and soda. Coke loses out. They can't compete with the combination. S-L is the #2 snack company. By acquiring S-L Coke reps can compete equally with Pepsi/Frito. The cost of the takeover by Coke would be a drop in the bucket for them regardless on how they want to structure the routes. Another thing is Frito doesn't have anything to compete with Lance crackers. Believe me a S-L takeover by Coke is a marriage made in heaven.

[My Special]

Clocker, Coke is the #1 selling drink. Diet Coke is #2. lol Coke is doing fine. They don't need Snyders Lance. This rumor is sooooooooooooooo BS

[WNY distributer]

not so fast there wrote:

<quoted text>
__________
WNY distributor,
You think it would be a win win situation? Did you also think when Snyders merged with Lance it was a win win situation? How's Frito guys doing now? We've had people from there working here now because they used to make unlimited salary. From what I hear today they top off somewhere in the $49,000/year range. And if some one went over that they would change the routes around to bring the salary back down. Ask Snyders guys taking a 1.5% decrease in pay if the merger was a win win situation. Lance guys, though may not like everything with the merger got a raise to 18%.
If I were an IBO working FOR S-L I would be proactive and reread your contracts to see what would happen if there was another merger or buyout. You will be surprised. It was always a one way contract. For corporate. That's why they make the big bucks....

Not so fast...

What I mean by that is strictly from a promotional stand point....cross promos etc. Maybe more displays?
As far as the contracts , you are correct, they are tilted heavily in Snyders favor, just as everything else is when it comes to IO's !
Frito people never made an unlimited salary...corporate there makes sure each salesman makes no more then 50 or 55...always have.
Merger or not things will never change...bottom line , Snyders is making mega bucks with the IO's carrying the heavy load. I feel bad for the younger guys with families coming in to this business ...there is no way for them to make a decent living with low percentages and all the costs associated with running a business. Snyders always tells us they are looking out for the IO, I'm not holding my breath

[not so fast there]

WNY distributer wrote:

<quoted text>
Not so fast...
What I mean by that is strictly from a promotional stand point....cross promos etc. Maybe more displays?
As far as the contracts , you are correct, they are tilted heavily in Snyders favor, just as everything else is when it comes to IO's !
Frito people never made an unlimited salary...corporate there makes sure each salesman makes no more then 50 or 55...always have.
Merger or not things will never change...bottom line , Snyders is making mega bucks with the IO's carrying the heavy load. I feel bad for the younger guys with families coming in to this business ...there is no way for them to make a decent living with low percentages and all the costs associated with running a business. Snyders always tells us they are looking out for the IO, I'm not holding my breath

__________
I agree with all your points except the Frito salary back in the day. Before coporate started micomanaging there were route saleman making 70+. Our warehouse alone has 4 former Frito people.
For the single man there is money to be made. For people who have family it will be hard to be the bread winner. Unless your significant other is the bread winner. The more you beat Uncle Sam the more money in your pocket. It's a gamble........

[Snyders of bend over]

falling route average wrote:

Did anyone see the latest law suite on Snyder/Lance.The Stock web site says a Breach Of Fiduciary Duties By The Board Of Directors anybody have any info on this or know what it means

that's legal terms for other people interests .. And we know s-l dont give a rats ass about that ....

[Former UTZ IBO]

Snyders of bend over wrote:

<quoted text> don't they get 7 percent for splitting the route ? What a joke ...

__________
And if you financed with BAC you will owe them another 3% selling within the first year. 2% for the second, and 1% for the third. How smart is that? Knowing S-L were going to screw many people and if you want to get out, you pay.......