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$12.56 -0.41 (-3.16%)
10/7/2008 1:38 PM

Starbucks Corp (SBUX)

CAPS Rating:
***

Purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, coffee-related accessories and equipment primarily through its operated retail stores.

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Avatar peter0270 (54.63) Submitted: 6/27/08 2:52 AM : Underperform Start Price: $18.54 SBUX Score: 7.74

Don't know about you--- but I don't want to go for coffee---where I probably won't get a seat----may get insulted by a creepy counterperson (excuse ME, Barista), for not ordering in the correct code. Maybe its me---but it seems like its always the same type of crowd---sort of like those folks that sit on the floor and read for free at Border's Books.( Maybe they never leave)
I think SBUX has run its course. Twelve years or so ago, maybe 5% of people knew about italian coffees and assorted drinks----now probably 85% know. The novelty has worn off. Couple that with the high prices, arrogant help, and obnoxious clientel, and I see this stock heading south to around $6.

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