Here is part of it: Aug 27, despite posting better than expected fiscal second-quarter 2015 results as investors confidence was hurt by soft comps growth and the companys increased general and administrative expenses outlook.
I watch a fair amount of CNBC and they once blamed Zoe's issues on too many restaurants near the oil patch. If workers are feeling the pinch due to declining oil prices then perhaps they eat out less. Of course, today they were talking about how much people are eating out now because oil prices are lower. For several months they have been trying to figure out where people are spending their extra dollars (ones not spent on gas) and have noticed that retail sales are down. Today was the first time I've heard them say that restaurants are booming due to lower gas prices.
The NFLX ref is in size of market... Hackers aren't going away so the market is going to get bigger and bigger. Long term investors here are just one hack away from big gains (off today's close)... Kretzmann is looking at a huge market and seeing dollar signs; just like early Netflix investors saw before their dollars became hundreds of dollars
Nice quote from recent press... As my Foolish colleague David Kretzmann said about FireEye's long-term potential last month: This is a company, similar to Netflix, they're trying to capture a share of what's a very large and fragmented market, which is cyber security. Cyber security as a whole, globally, is anticipated to grow 10% annually to $170 billion in size by 2020.
So while the big drop in cyber-security stocks certainly isn't pretty, the long-term story is the one worth following.
Their big concentration of stores in the oil patch looked brilliant until things started to turn on oil. Now it's likely the reason Zoes has been taken to the woodshed. The West would add a level of diversity that Zoes needs.
Even The Beverly Hillbillies knew to go West $$$$$
The oil patch isn't going to keep you in the green yet the hills in California are known for their gold even though right now they are a lush color of green. Disposable income comes from lower oil prices and people who eat out are using their disposable income. Think smarter! Go West!