stlplaceLast Updated on April 15, 2008 by stlplace
Last week I had the opportunity to try the latte at a new McDonald restaurant near my home, it was good. The middle size iced carmel latte cost $2.79 ($2.99 after tax), slightly cheaper than Starbucks. One caveats (as I understand), not many McDonald stores offer those espresso at this time, the new ones offering those are called McCafe.
The war on espresso is on.
Last Updated on April 15, 2008 by stlplace
Crocs (CROX) lowered its Q1 number yesterday. I sold all my CROX shares a while back after its Q4 earning announcement, because I thought the fundamental is still bad, not to mention the potential cash flow problem I talked earlier.
Since I am talking about the financial media lately, I think one really does not need to know accounting or finance to figure out CROX will fail. Just look at the following two things from media recently.
1) Crocs per capita (a fancy name for the average dollar spending per person), this is shown in its Jan. ICR Xchange conference. My initial thought was it is quote innovative for them to come up with such a cool name. But looking back, isn’t it a typical wall street trick to get people excited? We have heard the Home Inns said “China top 10 hotels has 6% of market share, US top 10 hotels has 60% of market share” back in Oct. 2006. We know what happened to HMIN now.
