Domain, good point but as a surfer from way back I think your arguement about when the mass market adopts a product it is no longer cool applies to BBG as well. Surfers don't want non-surfers where the same clothes as them.
Nike was succesful for a while, but didn't they nearly go broke a couple of years back as the "fashion" changed with regards to sneakers? I don't understand how anyone could pay 21 plus times earnings (as is the case for BBG) for a fashion business as by defintion fashion changes and so earning don't grow for ever.
Anyway lets see what happens to BBG, a slightly lower growth rate than expected and the share price will get canned.
- Forums
- ASX - By Stock
- BBG
- bbg, the next glb?
bbg, the next glb?, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online