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Pastimes : Starbucks SBUX

SBUX 85.10

+0.6%

Dec 26 3:59 PM EST

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To: Doug (Htfd,CT) who wrote (125)	6/9/1997 1:19:00 AM
From: RELLEK	of 148

Barrons had a very bullish piece this weekend. Things to consider are 1) Starbucks is only in 43 of the top 100 US markets 2) Coffee futures are coming down, and once they regress to baseline, Starbucks will still have those price hikes in check to increase earnings. 3) Mgmt has backed this year's estimates of .70. 4) Someone at SBUX said that they could keep adding stores in NYC for five years without saturation. I think tomorrow is going to be a very good day for SBUX stock.

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