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Starbucks Corporation Message Board

  • jirvine13 jirvine13 Jul 24, 1998 12:44 PM Flag

    Burst Bubble?

    Schultz warned analysts to lower 1999 estimates,
    which has lead to a... 6 point drop! Hey, can somebody
    fire a rifle in the air grab the herd's

    Bottomline, to me, is that this stock is going to rebound
    back into the 50's in the next week as more people see
    this as a bargain price to get in

    Specialty sales, which I assume includes Ice Cream and
    Frappaccinos was up something outrageous like 40%... That, my
    fellow investors, is a VERY good sign. Do you guys
    recall all the kvetching about spreading SBUX thin and
    getting too far from the basic business model? It appears
    that this is what is saving our butts right now.

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