Here is a recap of how things are going...

NET SALES

     Net sales for the first quarter of fiscal 2004 were $114.4 million, an
increase of $32.2 million, or 39.1%, as compared to net sales of $82.2 million
for the first quarter of fiscal 2003. Total eggs sold and egg selling prices
increased in the current quarter as compared to a year ago. Dozens sold for the
current quarter were 147.0 million dozen, an increase of 11.0 million dozen, or
8.1%, as compared to the first quarter of last year. The Company's net average
selling price per dozen for the fiscal 2004 first quarter was $.746, compared to
$.573 for the first quarter of last year, an increase of 30.2%. The Company's
net average selling price is the blended price for all sizes and grades of shell
eggs, including non-graded egg sales, breaking stock and undergrades. Usually,
the first quarter of the Company's fiscal year is a weak quarter as to egg price
and volume of sales. However, for the fiscal 2004 first quarter, domestic demand
for eggs was good and a nearly balanced supply of eggs strengthened egg selling
prices.
Here we go private...

  The members of the Special Committee are W.B. Cox, Letitia C. Hughes and R.
Faser Triplett, M.D. Following their appointment, the Committee members held an
organizational meeting and elected Dr. Triplett as the Committee's Chairman. In
addition, the Committee decided to interview certain investment banking firms
for purposes of obtaining an opinion as to the fairness from a financial
standpoint of the price to be paid by the Company for shares to be purchased in
a going private transaction, as well as to assist the Committee in evaluating
alternative methods of going private. In addition, the Committee selected and
engaged its own independent counsel to advise and represent the Committee on
related legal matters.

     On July 24, 2003, after considering several investment banking firms, the
Special Committee engaged Houlihan Lokey Howard & Zukin Financial Advisors, Inc.
("Houlihan Lokey") to serve as investment adviser to the Committee in connection
with the possible going private transaction. The selection of Houlihan Lokey was
reported by the Committee to the full Board of Directors of the Company at a
regular quarterly Directors meeting held the same day. Houlihan Lokey reports to
the Special Committee and its final written opinion is addressed to the full
Board of Directors of the Company. All expenses of a going private transaction,
including Houlihan Lokey's fee, will be paid by the Company.

     It is contemplated that a going private transaction would be effected by
means of a "reverse split" of the Company's Common Stock. This would require an
amendment of the Company's Certificate of Incorporation that would result in
fractional shares that would be purchased by the Company for cash.

     If a going private transaction is effected, as to which the Company can
make no representation or prediction, the reporting and other applicable
requirements of the Securities Exchange Act of 1934 will no longer apply to the
Company or to any officer, director or controlling stockholder of the Company.

WHERE IS THE SEC? These are pasted from
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                                    FORM 10-Q
(mark one)
[X]  Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934
                 For the quarterly period ended August 30, 2003
                                       OR
 WHERE IS THE SHAREHOLDER's RIGHTS?

JIM BRODIE