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, the next glb?
Domain, good point but as a surfer from way back I think your...
-
- 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)