Emily Flippen

Yes, I understand the market's reaction to this acquisition.

It's an expensive one, again, north of $600 million.

We've already established that's basically the cost of a Denny's and more than a sweet green.

But I actually think in this case, the market opportunity for Axon doesn't really matter whether or not this acquisition goes to plan or ends up costing more because their under-penetrated market opportunities for this company are just so vast.

that I think Axon combined with their management team, which as we talked about a little bit earlier, is very incentivized to grow this company.

It's a type of business that when it draws back like this, gives shareholders or investors buying opportunities.

Gosh, I've been hugging this bear for the past year all the way as the stock has just continued to fall and fall much further than I ever thought possible.

Maybe take my opinion with a grain of salt here.

I agree, Lou.

Look, I was banging my head against the wall when I saw that they were suing Costco as if the

person who is buying Lululemon pants sees Costco as a legitimate alternative.

All they're doing is admitting the fact that they might not have as much brand recognition as they want.

That being said, shares of Lululemon are so incredibly cheap, priced absolute rock bottom expectations that I think in my mind, and I should knock on wood, there's no doubt that this is an outperformer over the next five years.

I think leadership has a lot of runway in front of them, new product launches.

I love the fact that they're not discounting their clothes still.

people are paying for the logo, people are paying for the brand.

So there are knockoffs out there, but for the most loyal customers, Lululemon's brand still means something.

And then keep that in case they need to keep the higher price point.

So short-term pain for hopefully some long-term gain here.

I disagree.