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Non-Tech : Starbucks (SBUX) -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (762)7/2/1999 9:23:00 PM
From: ROI50  Respond to of 1506
 
I got out of it today for a 2 1/2 point gain only because I did not want to hold it over the weekend. I don't think the internet strategy is as bad as analysts are saying and I think any major company should have some presence on the net. They still are projected to earn .54 cents per share. Analysts will be all over this stock soon like they have been in the past.



To: Gutterball who wrote (762)7/2/1999 10:43:00 PM
From: Dave Johnson  Respond to of 1506
 
Dan-
I was in buying the open at 24 1/4 taking stock away from all those fools selling with all the other lemmings.

I then gave it back to them today at 28.

This pattern of crash and recovery happens so many times . Then as it bounces it then goes back to retest the low. So I am getting back in at 24-25. Guys -its only 6cents off expectations. Starbucks is going to be much much bigger than they are today. There are so many places in the world to expand to.

There are 1500 expresso bars in Rome for crying out loud.
Read Howard Schulzes book- This guy will eventually make you rich.
Him and Jeff Bezos, Steve Case et al.

If you want to really see how this guy thinks then
read his book! Its a great book and a great story.

The story even involves Bill Gates..