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15 Comments

  • Neil 7 months ago

    Starbucks should cut the horrendous hourly wireless charges and make Web access completely free when you buy two or more coffees. In the UK they charge £5 (almost $10) an hour. At least they’d gain some ground before wireless connections are ubiquitous and people no longer need cafes for Web access when they’re out and about.

    They should also sell more salads and put a little bit of cold water in the top of my peppermint teas - I’m fed-up with burning my hands and tongue. And why did one lady offer to put milk in my peppermint tea?

    • Brett 7 months ago

      Starbucks has had no substantial competition for years, but that is about to change. I think McDonalds posses a huge threat to the Starbucks “experience.” McDonalds has the resources (locations & budget) to take a chunk of Starbucks business. If McDonalds is even reasonably successful you will see “baristas” in Wendy’s, Burger Kings, Subways, grocery stores, etc. Then Starbucks will really start to feel the pain.

      • Howard Lindzon 7 months ago

        you are both looking right for sure. the trend is definitely over

        • greenskeptic 7 months ago

          Welcome back Putz. You seemed pretty sober, despite the hangover. Good analysis.

          • Peter Glyman 7 months ago

            Howard, I think I broke a tear watching this one. Too many stores and with an average transaction of $12.52 (Geezeo Users http://fupi.ws/aBD ) maybe it’s just getting too expensive?

            Maybe time for a Panera (PNRA) rebound? Good coffee, food and free wifi. Long Bread…comfort food for the poorly invested.

            • Eddie 7 months ago

              free wifi for mac users. apple pays a small commission.

              keeps the starbucks experience by keeping it hip.

              • Eddie 7 months ago

                shorter skirts for the baristas

                • Eddie 7 months ago

                  weight loss drinks. protein shakes. a reason to go in a few times a day

                  • Soren 7 months ago

                    Some reason why Starbucks stock is down 50%:

                    1) Their coffee tastes horrible.
                    2) They are in the CD business. WTF?
                    3) As said previously their wireless access is not free.
                    4) Terrible service
                    5) Their coffee tastes horrible.

                    Howard, you can’t call a stock that you is down 50% a buying opportunity if you rode it all the way down unless you are an ANALyst :P

                    • Howard Lindzon 7 months ago

                      my average price is $21 as I have blogged my trades on the way down. low blow dude :)

                      • Broker A 7 months ago

                        I now buy my coffee from Exxon gas stations.

                        True story.

                        • Soren 7 months ago

                          Howard - I keed, I keed.

                          • martin g 7 months ago

                            even if you are a market bull and expect the market to turn, it seems that there are many more interesting places to be invested, with what is now called “case money” for many people. turning the starbucks tide is going to be daunting.

                            • Bruce 7 months ago

                              at least its not a slam dunk short no more , sez macke & cramer … in fact I think they both say to go long here

                              It was a great experience way back .. it was new, fresh, virginal, kinda almost exciting … like your 1st or 2nd girlfriend … now its just old & done … like your 1st or 2nd girlfriend

                              we’ll see if shultz can pull off the turnaround with everyone & their sister trying to take a chunk of their biz

                              sure its a better long than short here, but its no slam dunk, particularly in a recession where $5.00 lattes won’t fly out the door

                              • Howard Lindzon 7 months ago

                                all good points and a battle zone only for the putzs like me

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