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Peets Coffee and Tea Inc PEET



NDAQ:PEET - Post by User

Post by nightscopeon May 26, 2003 11:18am
116 Views
Post# 6116538

Specialty Coffee booming in NA

Specialty Coffee booming in NAPEET taking advantage of the amazing growth of Specialty Coffee in North America. These guys, I caught on the way up but I think it is going to rest a bit. Geting high for me.They have had a great 1Q marketing thrust so we shall see the fall out on Q2. Then another few notches up or is this the new level? Coffee is going to continue to sparkle at the value added roast and liquids level IMO. You can see it with the massive takeovers by the Starbuck guys of rising stars in the Industry. I am biased but Coffee is the best place to meet people without alchohol ambitions. Having been in the Food and Beverage Industry at many levels the old bar date gets pretty stale. Today the younger crowd wants a little culture with their coffee not a Singapore Sling. OH that is sooooo old.
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