January 2007


Stock Investing31 Jan 2007 05:30 pm

Interview: A real-life ‘bodacious barista’ speaks

Filed under: Other issues

As the result of a recent post — Can Coffee Get Any Hotter? Seattle Spins “Sexpresso” about a new crop of java bars with female attendees offering “flirty service and revealing outfits”– I was contacted by Debbie, a real-life “bodacious barista,” who serves lattes and double macchiatos at an unnamed Seattle-area drive-through espresso bar. My interview with her follows:

How long have you been working as a so-called “bodacious barista”?
I started working nine months ago. Although I have been serving coffee long before on an island in the Puget Sound. On a hot day I would wear a tight tank top and shorts or a skirt. (It gets hot in the shack). I noticed my tips would double, if not triple. So let’s see: I can dress in clothes that I am not comfortable in, and make $30-$40 a day in tips, or in something I enjoy wearing and make $100- $150 a day in tips.

What did you do before?
My first job was a barista 10 years ago.

Was there any initial hesitation taking this job?
None at all. I mean I wear a bathing suit that shows more cleavage and leg than I wear at work! I get to meet a lot of interesting people at what I do.

Did you have any additional training?
I got the hang of it right off. I did get a couple of steam burns and made a few wrong drinks, but it is not that hard if you keep organized.

Do you have to buy your own outfits?
At this shop, (name unmentioned) they give us a $75 dollar clothing allowance after our first month.

What are the outfits you normally wear?
I find I get more tips if I wear a white, almost see-thru tank top, with a blue or black bra under it, and a skirt. I tried a corset a couple of times but it is too binding when turning!

How do you decide what to wear on any given day?
I look in the mirror, then ask my husband what he thinks. He is my ultimate judge.

Are there theme days?
Yes, like the holidays. Christmas you wear reds and whites, Valentine’s Day pinks, 4th of July. I think you get the picture.

Are your tips bigger on days you wear skimpier clothing?
About 30% bigger. The most I have made was about 5 years ago before all this hoopla over the bodacious baristas. It was almost 100 degrees out so I wore my 2-piece bikini with a wrap around my waist. I sold 300 drinks in 8 hours and made $400 in tips. And this on an island.

Do female customers act any differently than the men?
40% of my customers are women. I have never had a problem with women, been slipped a few numbers by them (women) — more than I do the men.

Are the non-tip wages (hourly rates) decent?
Minimum wage, so okay. Some places take a portion of your tips, which is wrong.

Do you get benefits, etc.?
No benefits other than I enjoy what I do.

Is anyone rude or hostile?
You get them in every crowd. The one who wants a drink and it is 1⁄4 this 1⁄4 that 1⁄2 this, hold this add that. I give them the look of “how dull can your life be that you need to have a coffee drink that has 20 directions?”

How do you respond to people who say they are offended by your outfits?
The response depends on the person. I reply to most, “what would you wear in a little shack that is 20 degrees hotter inside than out?” I am polite in my answers, as I don’t want to step down to the level of the person who is waiting for a snide reply. I believe in kill ‘em with kindness.

B. Brandon Barker is the author of Operation EMU.

Permalink | Email this | Comments

Goldman Sachs lifts target on Time Warner

Filed under: Before the bell, Analyst upgrades and downgrades, Time Warner (TWX)

Goldman Sachs has raised its Time Warner Inc. (NYSE:TWX) target ahead of earnings tomorrow. The neutral rating is maintained, but what is interesting is that the firm raised its price target to $25. This also says the 2006 EPS target was taken down to $0.83 from $0.85, but everything else actually increased.

Goldman is putting 2007 EPS estimates at $1.07 and 2008 EPS estimates at $1.27. What is interesting about this call and one that may pique interest is that it says “we cannot discuss the drivers of these changes as we remain legally restricted from discussing segments beyond AOL.”

TWX reports Q4 2006 results tomorrow and Goldman Sachs has its estimates at $12.6 billion revenues, $3.3 EBIDTA, and $0.25 EPS (all are above consensus); although it is not including $200 million in restructuring charges from the AOL unit in this number.

Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.

Also check out some other earnings reports that we’re following, and let us know what you’re expecting.

Permalink | Email this | Comments

Buying autographs? Watch out for fakes!How much is a famous signature worth? Can you trust the certificate of authenticity? Here’s how to make sure your autograph investment pays off.

Is Coach becoming too popular?The handbag retailer is thriving as a peddler of accessible luxury, but rapid expansion could undermine its tony image.

Indexes end upNEW YORK (Reuters) - U.S. stocks closed higher on Tuesday as a 5.5 percent jump in oil prices triggered a rally in energy shares, but caution before a Federal Reserve’s interest-rate decision on Wednesday capped gains.

Is A Super Bowl Ad A Super Deal?Marketers will spend up to $2.6 million for a game-day ad. Are they getting their money’s worth?

Stock Investing

Bio Tech Stocks31 Jan 2007 04:30 pm

Genasense(R) Trial in Chronic Lymphocytic Leukemia Shows Significant Impact of CT Scanning on Complete Remission (PR Newswire)Genta Incorporated today announced the presentation of data that review the impact of computed tomographic scans in clinical trials of patients with relapsed or refractory chronic lymphocytic leukemia .

Randomized Trial of Genasense(R) in Advanced CLL Shows that Durable Clinical Benefit Correlates with Major Objective Response (PR Newswire)Genta Incorporated today announced the presentation of data that support major objective response as a key endpoint for clinical trials in patients with relapsed or refractory chronic lymphocytic leukemia .

Biotech Stocks: Genta, Biopure shares plunge; Immunicon soars (at MarketWatch)Drug and biotech stocks were higher midday Friday, but shares of Genta Inc. plunged more than 20% after the Food and Drug Administration rejected its application seeking approval for its experimental blood cancer treatment, Genasense.

Genta Restructures Operations to Focus on Future Initiatives (PR Newswire)Genta Incorporated today announced that the Company has restructured certain of its operations to conserve cash and focus on its oncology development operations.

GNTA Stock Investing | Google Finance GNTA | Yahoo Finance GNTA

Consumer Stocks31 Jan 2007 03:31 pm

Nasdaq 100 Leaders & Laggards: PTEN,ATVI (AP)Rising oil and gas prices helped Patterson-UTI Energy Inc. become the top gainer on the Nasdaq 100 Tuesday. The index finished the day up 1.58, at 1776.66. The broader Nasdaq composite was up 6.47, closing at 2447.56.

Ahead of the Bell: Activision (AP)Shares of Activision Inc. rose in premarket trading Friday after the video game publisher said it expects to beat previous guidance by a wide margin and reported strong third-quarter results.

Microsoft: Slower Xbox Growth Could Hurt Game Stocks; Activision May Save the Day (SeekingAlpha)Eric Savitz submits: Thinking ahead for today, dont be surprised to see some disappointment from analysts who follow the video game business to Microsofts disclosure that it now expects total Xbox 360 shipments by the end of the June quarter to be 12 million units, rather than the previously expected 13-15 million [.]

Activision Raises 2007 Expectations (AP)Video game publisher Activision Inc. on Thursday raised its guidance by 10 cents per share for fiscal 2007, and projected a loss in its fourth quarter.

ATVI Stock Investing | Google Finance ATVI | Yahoo Finance ATVI

Finance Stocks31 Jan 2007 02:30 pm

Tri-Continental Corporation (NYSE: TY) Declares Regular Fourth Quarter Dividend Distributions; Directors Also Approve Continuation of Stock Repurchase Plan (Business Wire)NEW YORK—-At a meeting of the Board of Directors of Tri-Continental Corporation today, the Board declared fourth quarter dividends of $0.07 per common share and $0.625 per preferred share.

TY Stock Investing | Google Finance TY | Yahoo Finance TY

Health Care Stocks31 Jan 2007 01:30 pm

FDA finds no fault with Medtronic implantable heart device (at CNNMoney.com)Agency investigated ex-employee’s claims that company didn’t adequately test implantable heart device.

FDA investigates Medtronic, maker of Concerto devices (at CNNMoney.com)A former employee alleges that the company didn’t adequately test the Concerto implantable device.

Medtronic joins in $50M deal for startup (bizjournals.com)Medtronic Inc. has joined with a handful of other investors who pumped a total of $50 million into InnerPulse Inc., a med-tech startup based in North Carolina’s research triangle park.

InnerPulse raises $50 million (bizjournals.com)InnerPulse Inc., a privately held Durham company developing technologies to treat abnormal heart rhythms, announced Monday that it has raised $50 million in equity financing.

Bristol-Myers Squibb Hits 52-Week High (AP)Shares of Bristol-Myers Squibb jumped to a 52-week high Monday on speculation the company is in talks to be purchased by French drug maker Sanofi-Aventis SA.

BSX Stock Investing | Google Finance BSX | Yahoo Finance BSX

Tech Stocks31 Jan 2007 09:07 am

Net Stocks: CNet hares surge on sales, leading net stocks higher (at MarketWatch)Shares of Internet companies finished Tuesday’s trading mostly higher, with investors rewarding CNet Networks Inc. for reporting better-than-expected sales in its fourth quarter.

Net Sense: YouTube’s new, new model (at MarketWatch)It’s nice to share, especially when labor and money are on the line.

[audio] Andrew O’Day’s Money Markets & More for Jan 31 [4.5 min] (at MarketWatch)Andrew O’Day asks: If Microsoft releases Windows Vista, and nobody shows up to buy it, is it really an event?

Ahead of the Bell: Silicon Valley Jobs (AP)Technology companies in Silicon Valley added more than 30,000 jobs in 2006 as a strengthening economy and venture capital investments propelled growth in the region.

EBAY-delists-virtual.html%3Fsource%3Dyahoo_quote” alt=”Gamers take note: EBAY delists virtual items (at CNNMoney.com)” title=”Gamers take note: EBAY delists virtual items (at CNNMoney.com)” style=”display:block;” target=”_new”>Gamers take note: EBAY delists virtual items (at CNNMoney.com)Read full story for latest details.

EBAY Stock Investing | EBAY>Google Finance EBAY | EBAY>Yahoo Finance EBAY

Next Page »