October 16, 2007
Posted by bizebee
Starbucks (t: SBUX)is trading around 26 dollars!
The stock has dropped a lot in the past 52 weeks. I also read that the company is rapidly expanding in China and other countries outside of the US where market penetration is low.
The other week I heard Time Warner might be interested in SBUX, is that true?
Should I make a small or big investment move?
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October 16, 2007
Posted by marketShare
( 1 rating )
I have little faith in the future of Starbucks. When the Starbucks founder Howard Schultz's himself has doubts, I have doubts. Perhaps if there was new life and energy at the top of the company, I'd be more bullish on Starbucks.
Starbucks has tremendous assets to benefit from. Their distribution chain alone would be highly valuable to a potential buyer. However, I don't see Howard Schultz ever seeing. He constantly seems to be more of the DOWN WITH THE SHIP type.
More to the point, Howard Schultz appears to have already moved on. I read today that he just made a significant investment in the startup frozen yogurt chain PinkBerry. Clearly a shift of interest. So why is this guy running the company?
Get searching for investment ideas.
Sources
Starbucks founder bites into Pinkberry:
Read More
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