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Starbucks Corporation Message Board

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  • tctopdog_98 tctopdog_98 Jul 23, 1999 2:40 PM Flag

    upgraded by

    Just when you thought it might be safe to go back
    in the water. This SBUX is bouncing down the
    stairways. No matter how many investment bankers the 'buy"
    with fees for coverage, it is just coffee with a weak
    management team who cannot make their #s.

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    • I'm showing up almost $2 on a down day in the market. Hope you're covering your shorts. Or do you have them in the wash machine??? GO SBUX........Made Mine

      • 2 Replies to mademybux
      • Starbucks is up two dollars today after its
        earnings report. It has received two upgrades from J.P.
        Morgan and a strong buy recommendation from Pacific
        Crest. Starbucks stock was hit by the news that it had
        ambitious plans to open up a lifesyle portal in a
        conference call on July 3. The stock lost over 25% on one
        day in early July. In yesterday's eanings report,
        Howard Schulz (the CEO) said that the company will
        abandon most of its internet plans and refocus on what
        makes Starbucks great- coffee. The addictive nectar of
        the gods. Starbucks did what it needed to do to
        succeed and please investors by cuting off its internet
        division to concentrate on coffee. I've personally visited
        and often frequented six different Starbucks in the
        San Diego area and I'm amazed. No matter what time of
        day, there is always a crowd in a Starbucks. A
        recently opened Starbucks in Poway is already bringing in
        the happy customers. Great profits are made by buying
        great stocks that are temporarily out of favor.
        Starbucks is a great buy, look for a decent run up. I'm in.

        EyeSrgn

      • TC - I'll loan you my tweezers and a mirror so you can find it...

    • This must be a tough day for you after 23 7/8 yesterday. Life's a bitch.

    • Please, please, please DO NOT COVER your short
      anytime soon. You need a good dose of losing your sorry
      ass in order to rid us of your BS. Have fun when you
      join our old friend Putz in the poor house. Take good
      advice and work on the sorry souls over on the Amazon
      board. We're too smart for your crap!

 
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