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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: $Mogul who wrote (54287)4/6/2000 8:19:00 PM
From: Jon Khymn  Read Replies (2) of 122087
 
>> you think KREM will grow like Starbucks..<<

Hi Mogul,

Short answer: NO, I don't think so.

KREM will probably open 20 to 30 stores per year and at this rate the market will be saturate in about 20 years.

KREM only wants to open up a store where population is more than 100,000 (used to be 250,000 per KREM web site).

SBUX, P/E of 68, 6.9 billion mkt cap,
KREM, P/E of 61, 0.48 billion mkt cap.
(SBUX stock split 3 times since 93, if you bot SBUX when they first came out it would be a little better than 10 bagger or so)

There are probably half dozen Starbucks just in our little town. Starbucks has no room to grow in the U.S. unless aggressively going after foreign market.
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