Originally posted by: JS80
Originally posted by: alphatarget1
Originally posted by: JS80
Originally posted by: Azurik
or an Epic Failure
No, seriously, good luck. I think we may have a bounce in the short-term, but I'm not sure C is done with their troubles. I've been bearish on C for quite some time now. I wrote sometime earlier that if I were to own a bank, I'd buy Goldman Sachs. I miss the chance when they were trading down to $140-$150's, but we may see them dip that low if financials continue to post steep losses.
C, WB, BAC are all fool's gold right now. Avoid like the plague. At least one of those 3 will fail in the next 18 months. GS might be killing it right now with their traders reaping profits from oil and shorting the market. Even so their level 3 assets have zero visibility and may be full of shit.
IMO GE is a POS too. Great businesses? Maybe. But look at that toxic ass balance sheet.
SBUX is a POS too. McD is going to kill them. Imagine all the locations McD has. Imagine them remodeling a corner of the restaurant and building a mini "cafe" and sell premium coffee at cutthroat prices. In that case SBUX will bk.
None of the banks you mentioned will outright "fail". Actually I can see C cutting up into smaller pieces. BAC's fundamentals aren't too bad besides the CFC acquisition (and they paid much less than WB paying for Golden West). Feds "bailed out" BSC, and there is no way the Feds will sit by and watch and let any one of the banks to fail (I happen to own two of the 3 and they're getting rammed). They hold too much deposits...
Only a part of GE's business is in financials. I think their alternative energy stuff will bring in pretty good profits.
My uncle and I talked about SBUX and he mentioned that SBUX is more like a lifestyle compared to McD, either way I'm staying on the sideline now.
Fail, as in bk, fail or bailed out. Bailing out = fail. And in the case of bailing out, I can guarantee you equity holders will not get the "sweet" deal BSC holders got. Bail out = depositors are safe, but equity holders get nothing after debtholders.
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
Originally posted by: Naustica
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
You really think any of the above companies are really taking longterm marketshare away from Starbucks? I guess that's where we disagree. People will cut back and substitute in hard times but most will come back eventually when it gets better. I guess you're not a coffee drinker.
Lother, let's just come back to it in couple of years. I know your position and you know mine. We know this company has over saturation problem right now in the US and the economy is not helping their $4 fancy coffee latte cause but I believe they will recover and be stronger than ever with added international growth.
Originally posted by: Naustica
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
You really think any of the above companies are really taking longterm marketshare away from Starbucks? I guess that's where we disagree. People will cut back and substitute in hard times but most will come back eventually when it gets better. I guess you're not a coffee drinker.
Lother, let's just come back to it in couple of years. I know your position and you know mine. We know this company has over saturation problem right now in the US and the economy is not helping their $4 fancy coffee latte cause but I believe they will recover and be stronger than ever with added international growth.
Originally posted by: alphatarget1
Originally posted by: Naustica
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
You really think any of the above companies are really taking longterm marketshare away from Starbucks? I guess that's where we disagree. People will cut back and substitute in hard times but most will come back eventually when it gets better. I guess you're not a coffee drinker.
Lother, let's just come back to it in couple of years. I know your position and you know mine. We know this company has over saturation problem right now in the US and the economy is not helping their $4 fancy coffee latte cause but I believe they will recover and be stronger than ever with added international growth.
I can see people not willing to shell out a lot of money for coffee and a lifestyle when the economy is down... I guess we'll see.
Originally posted by: Naustica
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
You really think any of the above companies are really taking longterm marketshare away from Starbucks? I guess that's where we disagree. People will cut back and substitute in hard times but most will come back eventually when it gets better. I guess you're not a coffee drinker.
Lothar, let's just come back to it in couple of years. I know your position and you know mine. We know this company has over saturation problem right now in the US and the economy is not helping their $4 fancy coffee latte cause but I believe they will recover and be stronger than ever with added international growth.
Originally posted by: Lothar
I don't drink coffee, period.
One does not need to drink Starbucks coffee to understand their business model my friend.
And just to clarify, my position isn't to "short" SBUX. My position is that there are better "long" candidates that also serve coffee to pick from than going "long" in SBUX. As overpriced as MCD's stock already is, even that would be a much better investment than SBUX.
BTW, if you want to create a coffee taste poll on this forum to see which of the major coffee chains tastes better McDonalds, Starbucks, or Dunkin Donuts, I'm up for that.
Starbucks won't win. I'm sure of it.
Like I said, most people only go there for the experience. Their coffee doesn't taste any better than MCD or Dunkin Donuts.
Read the previous threads on this forum about Starbucks for posters opinions here.
Has Starbucks lost its soul?...Is it still hip?
Report: McDonald's coffee tastier, more economical than Starbucks' brew
Starbucks drinkers...poll for you guys/gals
Originally posted by: Naustica
Originally posted by: Lothar
I don't drink coffee, period.
One does not need to drink Starbucks coffee to understand their business model my friend.
And just to clarify, my position isn't to "short" SBUX. My position is that there are better "long" candidates that also serve coffee to pick from than going "long" in SBUX. As overpriced as MCD's stock already is, even that would be a much better investment than SBUX.
BTW, if you want to create a coffee taste poll on this forum to see which of the major coffee chains tastes better McDonalds, Starbucks, or Dunkin Donuts, I'm up for that.
Starbucks won't win. I'm sure of it.
Like I said, most people only go there for the experience. Their coffee doesn't taste any better than MCD or Dunkin Donuts.
Read the previous threads on this forum about Starbucks for posters opinions here.
Has Starbucks lost its soul?...Is it still hip?
Report: McDonald's coffee tastier, more economical than Starbucks' brew
Starbucks drinkers...poll for you guys/gals
Haha. Do we really need to poll the anti-chain, "I can make better anything at home" crowd here? :laugh: Of course Starbucks will finish last here.
You think MCD is a coffee stock? I view MCD in the same retailer category as Walmart and Costco. Place people go when they're trying to pinch pennies especially during hard times.
Explain to me Starbucks business model. I must missed the part where they sell premium coffee beverages and own the market.
How about a little wager. 3 years from now, let's compare the stock price of MCD with SBUX. I'll buy you a Happy Meal or combo meal of your choice at MCD if you win. You buy me a drink of my choice at SBUX if you lose. They cost about the same. You can PayPal me my drink.
Originally posted by: Lothar
Originally posted by: Naustica
Originally posted by: Lothar
I don't drink coffee, period.
One does not need to drink Starbucks coffee to understand their business model my friend.
And just to clarify, my position isn't to "short" SBUX. My position is that there are better "long" candidates that also serve coffee to pick from than going "long" in SBUX. As overpriced as MCD's stock already is, even that would be a much better investment than SBUX.
BTW, if you want to create a coffee taste poll on this forum to see which of the major coffee chains tastes better McDonalds, Starbucks, or Dunkin Donuts, I'm up for that.
Starbucks won't win. I'm sure of it.
Like I said, most people only go there for the experience. Their coffee doesn't taste any better than MCD or Dunkin Donuts.
Read the previous threads on this forum about Starbucks for posters opinions here.
Has Starbucks lost its soul?...Is it still hip?
Report: McDonald's coffee tastier, more economical than Starbucks' brew
Starbucks drinkers...poll for you guys/gals
Haha. Do we really need to poll the anti-chain, "I can make better anything at home" crowd here? :laugh: Of course Starbucks will finish last here.
You think MCD is a coffee stock? I view MCD in the same retailer category as Walmart and Costco. Place people go when they're trying to pinch pennies especially during hard times.
Explain to me Starbucks business model. I must missed the part where they sell premium coffee beverages and own the market.
How about a little wager. 3 years from now, let's compare the stock price of MCD with SBUX. I'll buy you a Happy Meal or combo meal of your choice at MCD if you win. You buy me a drink of my choice at SBUX if you lose. They cost about the same. You can PayPal me my drink.
You can give the following options if you decide to create a poll...Only these 4 options.
MCD, SBUX, Dunkin Donuts, or I don't drink coffee. No other options such as "other" or "brew your own". That should shut down the "anti-chain" crowd.
I didn't say MCD is a coffee stock. I said they serve coffee.
And I'll take you on your offer if you want.
MCD with reinvested dividends will beat SBUX stock within 3 years.
Originally posted by: Naustica
Originally posted by: Lothar
Are you saying that McDonalds, Burger King, Dunkin Donuts, Krispy Creme, 7-Eleven, "insert any other fast food restaurant here", and Walgreens new coffee businesses won't last a year?
If so, please explain.
Those companies have nothing to lose. They already have the physical store presence and don't need to sign any new leases or open any new shops.
Does it really cost that much for McDonalds to bring a coffee stand into their existing stores?
The coffee stands at McDonald stores are self serve(all the one's I've been to). Unlike Starbucks, they don't need to hire any employees to operate it.
You pay by the cup at MCD. Again why pay $4 for a cup of coffee at Starbucks when you can go to McDonalds and get one for <$2 with unlimited refills?
Because it's the experience. That's all there is to it. Starbucks coffee certainly doesn't taste any better than McDonalds or Dunkin Donuts coffee.
You really think any of the above companies are really taking longterm marketshare away from Starbucks? I guess that's where we disagree. People will cut back and substitute in hard times but most will come back eventually when it gets better. I guess you're not a coffee drinker.
Lother, let's just come back to it in couple of years. I know your position and you know mine. We know this company has over saturation problem right now in the US and the economy is not helping their $4 fancy coffee latte cause but I believe they will recover and be stronger than ever with added international growth.
Facebook
Twitter