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Non-Tech : Starbucks (SBUX)

SBUX 85.11

+0.1%

Dec 5 9:30 AM EST

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To: Paul K who wrote (734)	6/30/1999 6:08:00 PM
From: Sam	of 1506

Bad news latte lovers ... biz.yahoo.com "Shares of retail coffee giant Starbucks Corp. (Nasdaq:SBUX - news) fell more than 10 points after it warned that fiscal 1999 profits would not meet Wall Street targets due to costs associated with the launching of its Internet operations. Starbucks was traded at 27 after hours after closing up 1-1/4 at 37-9/16 during the day, traders said." I've been watching SBUX from the sidelines -- wondering if the so called "portal" can deliver. The category may be worth $100B, but what % of that is SBUX going to get? Perhaps this will be just a bump in the road ... and a possible buying opportunity. $am

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