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Starbucks Price Increase Overblown

The 5 cent increase that Starbucks (SBUX) is passing on to coffee drinkers is completely overblown. I believe it will not have any impact on how many people drink coffee there, nor how much they spend at Starbucks. If anything, it will have an impact on Starbucks's earnings to the upside. My recommendation on Starbucks remains as stated before.

-- Faisal Laljee

Published Sunday, September 24, 2006 4:06 PM by Faisal Laljee
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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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StocksandBlogs.com provides stock tips, equity research and markets commentary. This site will give you investment ideas that you can apply to your financial portfolio. By sharing my money making stock tips and research, I hope I can help you manage your wealth better - whether you are a long-term investor or looking for a quick trade, a bull or a bear. From Wall Street to Walmart, Commodities to Foreign Exchange, you will find it all here. My name is Faisal Laljee and you can email me anytime at flaljee@mail.stocksandblogs.com

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