Day: May 9, 2007

Reading Time: 2 minutes I mean the stocks (SBUX), not the latte. I believe the “so-so” same store sales number for the Q1 is the main reason for the recent drop. The stock is still not cheap by looking at PE (37), with projected rev/earning growth at about 20%. But this is Starbucks, normally they don’t go on sale. Near term, I believe SBUX

Reading Time: < 1 minute I watched an interview on China-CBN last night, the guest is a guy from McKinsey, and he is familar with the consumer trend in China. Some interesting points I took down here: 1) China is the No 4. in the world in terms of GDP; I believe China is No. 1 or 2 receipent of