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

To: JB who wrote (923)	11/6/1999 3:58:00 PM
From: Sarkie	Read Replies (1) \| Respond to of 1506

November 05, 1999 09:31 RESEARCH ALERT - Starbucks raised to strong buy NEW YORK, Nov 5 (Reuters) - Deutsche Banc Alex. Brown analyst John Glass said Friday he raised his rating of Starbucks Corp. to strong buy from buy. -- Said rating increase "based on (our) belief that the company's sales momentum is back on track." -- Said October's sales-comps up 8 percent in October and total sales up 34 percent -- giving increased confidence in the sustainability of DBAB's 25 percent growth rate estimate and FY 2000 earnings per share estimate of 68 cents per share. -- Said continues to view Starbucks as one of the preeminent brands in all of retail. -- Shares of Starbucks up 1-7/8 at 28-7/16 on the Nasdaq stock market.