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Pastimes : Starbucks SBUX

SBUX 85.10

+0.6%

Dec 26 3:59 PM EST

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To: Patrick Thompson who wrote (132)	10/4/1997 9:49:00 AM
From: Ken Hays	of 148

Pat; First time on this thread. I have been following sbux for some time I don't own any shares, but I am considering shorting the stock. Reasons; sbux was downgraded, and my main reason, insider selling by 6 officers, and chairman in June. They sold 271,000 shares at around 37.5. Also 4 officers, 2 directors, the chairman and president sold 266,500 shares in August at around 38.5. I think you might see a price of $ 20 in 6 months. Just my opinion. Ken p.s. 2 officers and a shareholder just filed form 144's to sell 29,00 shares at around $ 43

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