Recent

% | $
Quotes you view appear here for quick access.

Panera Bread Company Message Board

  • mikekov mikekov Dec 23, 2002 3:55 PM Flag

    Hard to chase

    The stock looks extended....a pullback to 30 would be a nice entry point....this stock sort of matches Bed Bath & Beyond....two good franchises that got well ahead of itself...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree that the next few points are more likely to be down. Longer term, though, I expect Pnra to keep significantly outperforming the market. Ron and his team are constantly looking for ways to grow the business. The next 1-2 years are likely to bring more in the way of deliveries and catering and broader dinner and breakfast offerings, driving SSS higher.

    • Granted BBY has "gotten ahead of itself" for years! Same with SBUX, KKD, PFCB, CAKE, etc. Amazing how some of these companies achieve most-favored nation-status with investors and institutions. What shakes them loose to 'fair value'? Some unpredictable exogenous event. I'm beginning to subscribe to the '29-'33, late 60s, '73-'74, some would argue now, that each gets taken out and 'shot.' So much easier determining the bottom (IMHO) than the top, I really don't know why investors haven't learned to exit even if they don't get the very last $$$$. I guess human nature really doesn't change!!! Happy Holidays....Good luck to all......

 
PNRA
184.44-0.77(-0.42%)May 26 4:00 PMEDT