Even after Green Mountain Coffee Roasters' (Nasdaq: GMCR ) remarkable fall from grace, Austin still doesn't recommend buying shares. Despite what appears to be a huge discount for still high growth rates, the environment Green Mountain will be operating under for the next few years will be far different from the last few. Even ignoring concerns about device saturation, management missteps, and accounting shenanigans, Green Mountain will still probably have to fend of the threat of other, cheaper coffee-pod manufacturers once its key patents expire in September.
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