I hope to be done buying in the nov. to jan. Timeframe. I really have no idea on earnings but feel they will have many improvements vrs last Qt. These Mso's other than 1 or 2 have paid dearly for locations with a debt structure and goodwill that may never overcome in the current status. While many know that I am heavily invested in real estate and while location is very important their becomes a point where the numbers do not justify the price. I have watched many Maso's overpay huge in the last year with no rhyme or reason.
Originally I complained alot about overpaying for Starbuds but looking back but now it makes perfect sense. Buy a top notch retailer for name recognition and then buy 2nd tier retailers and convert to the StarBuds name and methodology and watch. Cookie cutter approach one acquisition at a time. To get the best results their is no short cuts and will take time and patience.
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