Starbucks Stock Pricey

Starbucks stock is now selling 52 times its earnings acccording to Baseline. Their PE ratio is more expensive than Google's. Investors are highly enthusiastic about the stock, but not everyone is so perky about Starbuck's prospects; instore expansion to include CDs, coffee makers and accessories for a one-stop shopping coffee store with increased inventory which has driven down profits from 15.6% to a mediocre 8.6%.(from Fortune, Nov06)