Value Investing News

n a recent interview, SBUX CEO Jim Donald said a couple things that left me shaking my head. When asked about the effect that McDonald's premium coffee will have on his business he said he expects it to be a benefit. The reason? Consumers who like McDonald's premium coffee will likely migrate to SBUX's super-premium. To quote Donald "we see that migration happening". On it 's face the statement does make sense but when you take a step back and think about you have to wonder especially when you consider

• http://valueplays.blogspot.com/2007/02/did-sbuxs-ceo-donald-really-say-that.html (1)