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Re: frankie_fillet post# 798

Wednesday, 05/21/2008 12:20:49 AM

Wednesday, May 21, 2008 12:20:49 AM

Post# of 1334
yeah, i agree. People in the U.S. will lilely be cutting back on spending. The real hope is that the Chinese increasely develop a taste for gourmet coffee. Since their economy, wages and urban populations are expanding and becoming more sophisticated it still seems possible that GWDC could do well since they have their foot in the door early, so to speak.

Initially this seemed like a "slam dunk" (possible donut pun there but it was supposed to be a sports analogy <g>).

It really seemed like it could be the sort of company warren buffet looks for, simple and easy to understand. He also reputely said that he looks for "businesses that can be run by idiots, because they often are". <g>





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