John Z

Earnings Preview: Starbucks

interesting move in all the announcements today. Dumping pres, killing Australia, more layoffs etc... Gotta figure just how bad earnings will be tommorrow. And why they decided to make several announcements just 24 hrs prior.

as far as schultz - he NEVER really left. And he's been back as the CEO for several months... you really expect him to do something drastic.. The morale at my local sbux store has hit bottom.. For a company that was supposed to be SO GREEN, SO Full of its employees w/empowerment principals, etc..... comes to figure they are just as much of Pawns as many other- expendible. That'll play on morale.

I equate the sbux story to Microsoft , made millionaires of many.. during its first 20yrs or so of existance.. but as competitors impeade and take away the landscape, this company too will be a Mediocre NON - Growth stock with a rapidly degrading stock price...and will widdle into almost nothing...