There is a Starbuck's in Anderson, Indiana. That is the definition of over saturation.
Plus I believe they will get more pressure from the likes of Tim Horton's, a revamped
Dunkin' Donuts and the thousands of independents that are able to bring something new to
the customer service experience. SBUX I believe is nothing more than a consistant grower,
no longer a rocket ship.

if the so called recession is here or coming seems like it might be heading under 30 and
the ceo talking about the brand being thinned out......

I agree with James McBuffett. SBUX is in that transition from hot and sexy to Mc'D's
status in terms of business presence. I think it could easily break through it's 52 wk low
of 28.72. It's only 1.16 away. If it gets into the low 20's, maybe this summer, I would
look at it again.

If you listened to mad money today, cramer responded to the starbux situation. Cramer said
that Starbucks is facing decelarating growth and the multiple compared to the growth rate
is simply too high. I would stick with my picks Chipotle, Jack in the Box, and Panera
Bread (wait till it pulls back to 55)

The chinese love everything, remember it has only been recently that China has allowed
foreign enterprise to set up shop. Give it time they'll have their own copied versions set
up.

The only thing I like about SBUX is it's the only place I know that sells chocolate
covered coffee beans.

I know all you Cramer lovers saw cramer downgrade this stock. My EV/FCF/G calculation was
right.

Thanks for the vote of confidence, two of us, I was just thinking that most people drink
more coffee during the fall and winter, buying in summer should be when SBUX has the
smallest sales so it should be cheap.

A move into China - a short spell? Hello? The Chinese LOVE SBUX and make it a social
event. All things Western are novel to these people who have been isolated for so long.
The growth potential in China will likely dwarf the growth in North America unless the
gov't. steps in to reassert the preeminence of tea and Chinese culture.

I agree with Har. However, not only is China key in the SBUX play, but India is as well.
They will be opening their first store in India later this year. Now, I know Indians are
generally known as tea drinkers, but Starbucks has the knowledge and creativity to make
this brand work in the Orient. They will develop and market appropriate food stuffs and
they will succeed there as they have in the US. Mind you, these markets are going to
become 4-5 times larger than the US market in the coming years. I believe this is a great
buy-and-hold-for-the-next-25-years stock as India (and China) become more modern nations
as a whole.