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A&W And Wall Street


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A&W AND WALL STREET

Your story, "A&W's summer plans: Hitting the warpath" (The Corporation, Apr. 12), was a balanced, informative piece.

However, the fourth paragraph of the story quotes A&W Chairman Lou Lowenkron as saying: "What do they know?" in response to Wall Street concerns about A&W. Mr. Lowenkron does not recall making that statement or implying that sentiment. Your readers might believe that A&W is unresponsive to concerns among investors or security analysts. That has never been our policy.

We pride ourselves on active, informative interchange with the investment community that fully responds to analyst and shareholder questions.

Ernest J. Cavallo

Executive Vice-President

A&W Brands Inc.

White Plains, N.Y.


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