SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (86262)12/5/2000 12:40:09 PM
From: benwood  Read Replies (1) of 132070
 
Michael,

I sold my last little bit of Starbucks recently and think that they are overvalued perhaps 30% right now, perhaps 40-50% from a good long term buy-in. My current view is that they do have a good long term prospects.

So there's current price outstripping growth and dilution, and there was the $65 million they threw down Internet ratholes (but promise never to that again!) which has made their P/E look much higher but is not a continuing problem if you believe that they are no long on drugs.

Is there more going on in your view that poses a long term problem (say 2-3 year horizon)?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News