Sam Yake of BGB Securities: Will Value Investors Stomach Dunkin' Donuts' Debut Price?

Analyst Sam Yake of BGB Securities spoke with Matthew and I today on Dunkin' Donuts DNKN, an interesting company that made for a very interesting IPO. Dunkin' was founded over 60 years ago, has changed hands several times, and gone public once before only to be taken private again. DNKN's price soared today to a high of over $29. According to Yake there is good reason for the enthusiasm, but value investors should look elsewhere.