Volume Spike Investor

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is getting roasted on its own this morning after earnings and guidance.  The company reported earnings ahead of estimates but guidance was not what everyone wanted to see to justify the valuations.   It sees $0.11 to $0.15 EPS on 61 to 66% sales growth.  Analysts were at $0.19.  It also sees operating margins at 3.8 to 4.3%, down from about 11.4% this last quarter.  Green Mountain raised its fiscal 2010 estimates to $1.75 to $1.85 EPS on sales growth of 50 to 55 percent.  It earlier expected earnings per share of $1.70 to $1.80 versus $1.77 estimates.   This is one of the coffee players that saw a meteoric rise to $94.50 from a 52-week low of $15.89.  Shares closed at $75.91 yesterday and they are trading down at $68.88 on 79,0000 shares as of 8:58 AM EST.

JON OGG