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2 pts

Opinion on  Starbucks Corp (SBUX)     Sector: Services  >  Industry: Restaurants
Bearish on SBUX ...

Jan 31, 2008 11:03 PM GMT
Return Risk
-10.40% MID
Analyst

The market for coffee is saturated. Starbucks is actually closing stores. Starbucks is planning to lower prices in response to McDonald's entrance into the higher-end coffee market. There's already a Starbucks on every street corner, and there just aren't that many more countries to expand to.


SBUX:  This call was made on 01/31/08 @ $18.97
Rating:   Negative   $18.97 (01/31/08)
Gain/Loss:   -31.63% in 780 days


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Who voted on this idea?
darrin N/A 02/04/2008



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