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Panera Bread Company Message Board

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  • valuemonster_jurel valuemonster_jurel Sep 16, 2003 7:57 PM Flag

    Setting new highs......

    PNRA will one day catch the 'KKD Disease.' When? ONLY the Higher Being knows for sure! To be fair I would have thought this would have happened already, but the 3rd Year of a Presidential cycle, artificially low interest rates, continued housing strength (now in the process of reversing), people up to their eyeballs in debt, the FED out of 'magic bullets,' etc. all has had a hand, but the dynamic is likely to change over the next several years. Time for the excesses to unwind, and when they do it will not be pretty. As I said before, PNRA not alone in this mania ---- SBUX, KKD, CAKE, PFCB, etc. are all in the vanguard. Anyone remember '92-'93? Probably not.....Good luck to all......

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192.30+0.12(+0.06%)Sep 29 4:00 PMEDT