Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Sam Salomon who wrote (14586)	5/27/2004 10:17:30 AM
From: russwinter	Respond to of 110194

Perhaps so, 50 times earnings now for this purveyor finance.yahoo.com of "relatively" cheap indulgences, and in an atmosphere where 56% of consumers feel the economy is getting worse. I think it goes the way of Krispey Kreme, and when they finally announce (in June?, July?, both?) disappointing same store sales, the Street will say, "what happened?".

To: Sam Salomon who wrote (14586)	5/27/2004 10:45:47 AM
From: sciAticA errAticA	Read Replies (1) \| Respond to of 110194

SBUX became an icon for the upwardly mobile - long after the truly mobile moved on to other badges of membership. Rather like a gaudy brand tag emblazoned on the outside of a garment. The price of an inflated cup of caffeine is a small price for the security of membership in an illusion. Especially in hard times? There are finite populations of Yups to push SBUX's bottom line - the geometric growth was generated from the vast unwashed... Joe and Jane sixpack mutated to Joe and Jane latte? As always, it's an amusing world.