View Full Version : Homework: the next teen craze to start tracking
zyzzyva57
03-24-2007, 05:55 AM
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http://abcnews.go.com/2020/print?id=2966227
http://starbury.com/
http://finance.google.com/finance?cid=5360900
I see no stocks, BUT this is a concept to keep in mind to see if it has "legs"
This is a concept that could make Oprah
http://www2.oprah.com/index.jhtml
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Albert0373
03-24-2007, 06:24 AM
For some reason I was wondering why this article was published just two days ago when I feel like I've read this article before quite a while ago; maybe just a re-enlightment on what he did.
...or maybe I'm just deja-vu'ing
zyzzyva57
03-24-2007, 08:58 AM
It made "20/20" Friday night
Some Brain Flatulence on this stock: Oprah must give the final seal of approval
Next is what I shall call the "youtube" issue: a small company becomes a hit, because it is an "outlaw," but then a huge corporation buys it, and the company gets a bullseye painted on it by the lawyers
A "Nike" creates a new division to come out with its own brand of "outlaw" "cool" cheap shoe--or gawd forbid, Wal-Mart tries it
The shoe store mentioned should be put in the back of your mind as a future IPO
Niketennis1
03-24-2007, 04:31 PM
the starburys should be price higher. $15 for shoes is really cheap. $45-50 would be a good price for new shoes and the company would make a better profit at that price. I'll take nike's anyday over starburys.
zyzzyva57
03-24-2007, 05:26 PM
On "20/20," the shoes were dissected along with a pair of expensive Nikes and there were no differences
You can afford to pay the premium for a name, but the target audience here for these shoes should not have to literally kill for a pair of shoes--We could all be safer
As is, this story is to store away so later should one of the companies go public--You can bring to the table experience having put a watch on these companies
spanky
03-24-2007, 05:28 PM
the starburys should be price higher. $15 for shoes is really cheap. $45-50 would be a good price for new shoes and the company would make a better profit at that price. I'll take nike's anyday over starburys.
The really interesting thing about the 20/20 spot is that they had someone cut up the $200 Air Jordans and the Starburys apart, and decreed that they were equal in design and manufacturing. The high price point simply eliminates potential customers.
Think of it this way: you could make a few cars with lots of profit per unit, or you could be like Ford and make tons of cars with a narrow margin and sell to everyone. That's why people still drive Ford trucks, and not someone else's car.
Very intreresting trend
zyzzyva57
03-24-2007, 06:36 PM
Based on nothing but a gut feeling I just plain like the concept, but I also see the concept hijacked if I am right, a la "youtube" and the Latin spouters (lawyers moving in)
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