OT - There's more than coffee breing - Peet's Coffee going IPO

Reply Subscribe

Thread Tools

Search this Thread

01-02-2001, 10:20 AM

Lexx

AudiWorld Senior Member

Thread Starter

Join Date: Oct 2000

Posts: 1,585

Likes: 0

Received 1 Like on 1 Post

OT - There's more than coffee breing - Peet's Coffee going IPO

<center><img src="http://www.wrhambrecht.com/home/images/peetspromo_1.gif"></center><p><ul><li><a href="http://www.wrhambrecht.com/">Peet's Coffee IPO</a></li></ul>

Reply Like

01-02-2001, 10:38 AM

Lone Starr (Ivan)

Elder Member

Join Date: Mar 2000

Posts: 19,796

Likes: 0

Received 0 Likes on 0 Posts

Damn! This always happens to me. I find a company with a good product, then they go public.

Garmin: great GPS products, family and American run. Went public in December. Offshore interests now control the company. Wait and see on more buys of their products.

Klipsch: Hand made American built speakers. Decided to go public. Made motions to do so but changed it's mind. In the process attracted big business with $$$. Now Klipsch speakers are mass produced. Still great, though.

Now Peet's. Best coffee I have ever brewed in my house. Love it. Now Starbucks gets to buy a 51% stake. Grrrrrr.....

Reply Like

01-02-2001, 11:11 AM

ddev

Audiworld Junior Member

Join Date: Mar 2000

Posts: 84

Likes: 0

Received 0 Likes on 0 Posts

Doesn't Stabucks already own a controling interest in Peet's?

Sad, but I believe it's true...can anyone confirm or deny this? Given the (long) history between the two companies, it puts an ironic twist on things. Sigh. Well, at least the IPO means there's a chance in hell a Peet's will open up in my neck of the woods (DC), so I can stop flying out to Berkeley to get my dose!