Starbucks Corporation Google Group

Re: What goes up must come down

evanble...@gmail.com (Mr. Big) — Wed, 20 Aug 2008 20:32:55 UT

Hey Stevens,

VV is not a creep, just an investor with an opinion like the rest of
us.

I would ignore the mud slinging and just focus on the merit of the
arguments to invest or not to invest. Investor popularity has little
to do with investment success. Like I said before, if popularity was a

Re: What goes up must come down

devsur...@gmail.com — Wed, 20 Aug 2008 20:18:04 UT

Stevens,

Decide for yourself who is the creep on these forums.

Here is a link from June 4 with opinion from an independent user.
[link]

Re: What goes up must come down

syr...@gmail.com — Wed, 20 Aug 2008 20:00:45 UT

Rimp, I guess (note:guess :-) lowest in the 11s before recovery in 2
quarters.

Re: What goes up must come down

evanble...@gmail.com (Mr. Big) — Wed, 20 Aug 2008 19:43:37 UT

Stevens,

Valueline also has an intrinsic value for Bear Sterns at over $100.
Also, VV's "DCF model" is based solely on extrapolating past growth
into the future. I would be very cautious about taking investment
advice from his estimates, never mind DCF estimates in general.

Syr,

My guess (note:guess) is that the stock will trade within the $15-17

Re: What goes up must come down

rimp...@gmail.com — Wed, 20 Aug 2008 19:41:24 UT

I'm guessing high 14s by the end of the month. How low does everyone
here think it will go beyond that though? 13s? 12s?

Re: What goes up must come down

devsur...@gmail.com — Wed, 20 Aug 2008 18:14:14 UT

Stevens,

I agree with you.

My estimate of intrinsic value using a DCF model comes in at around
$35. Valueline puts projected price for 2009-11 at $35 on the low end
- They do rate the earnings as untimely though.

Having said that, I would rather pick up the stock around $14 or
lower.

-VV

Re: What goes up must come down

syr...@gmail.com — Wed, 20 Aug 2008 17:52:05 UT

Come on people... if you have financial interest in this stock -
whether you're shorting or investing long term - you all must have
some sort of targets in your mind on where the stock price would be
going and within what time frames... So just to poll opinions, please
let all hear them in the following format if you all don't mind.

Re: What goes up must come down

evanble...@gmail.com (Mr. Big) — Wed, 20 Aug 2008 17:27:51 UT

Hey Stevens,

It all comes down to valuation. Almost any company can be a good
investment at the right price. Starbucks is a good company
(domestically), but not a great investment because of price.

Re: What goes up must come down

stevens.br...@gmail.com — Wed, 20 Aug 2008 17:20:25 UT

Just read the other discussion, and your points are well taken.
However, I still don't agree.

Re: What goes up must come down

stevens.br...@gmail.com — Wed, 20 Aug 2008 17:17:39 UT

Entertaining rant, but no real evidence to back up your opinion. You
can point to the closing of stores (which you did not), but what else
is there? This is not a damaged company and I'm willing to bet that
Starbucks, despite competition from McDonald's (which you also did not
point out) and despite their store closings, isn't going anywhere. It

Re: What goes up must come down

gotsho...@gmail.com — Wed, 20 Aug 2008 05:51:01 UT

$100 Somalian Dollars.

Re: What goes up must come down

evanble...@gmail.com (Mr. Big) — Wed, 20 Aug 2008 05:32:51 UT

$100 within the week. ;)

Re: What goes up must come down

gotsho...@gmail.com — Wed, 20 Aug 2008 03:32:54 UT

Anyone who wants to buy SBUX because it's a "great" name might as well
press the buy button with their shirt off...because sooner or later
they're going to end up shirtless. Might as well get out of the way.

I mean seriously you Starbucks Bulls, how Dumb can your money be?? You
cannot be that Stupid. Sorry to be blunt. But you deserve to lose

What goes up must come down

syr...@gmail.com — Tue, 19 Aug 2008 20:26:52 UT

Any guesses on when SBUX will be back to $14.06 or $16.92?
My guess: 7 or less trading days to get at or below $14.06.

Let's have no big dicsussions on this one, just one guess per response
please.

Re: Are You Being Greedy, Wise, or Just Plain Ignorant?

syr...@gmail.com — Tue, 19 Aug 2008 20:05:22 UT

Thanks Gots... I can see, but I don't think it represents the gains of
an average SBUX investor. Perhaps just that one guy who bougt at
$13.33 and was wise enough to cash out at $17. To that guy: "who ever
you are, congratulations!" :-)