| Author |
Thread: GOING OUT OF BUSINESS |
    
Gold Member Username: Shortysetnies
Rock Vegas,
NC
US
Post Number: 1882
Registered: Mar-06
|
| Posted on Monday, February 04, 2008 - 10:59 am: |
|
http://money.aol.com/investing/companies-that-may-disappear-in-2008
Ok, not going out yet but its really interesting how some stores/companys we know , and are popular, may not be here soon. |
|
Relevant Product Info
|
|
Gold Member Username: Hawaiian_time
Kanaka freak...
Post Number: 1775
Registered: Apr-06
|
| Posted on Monday, February 04, 2008 - 11:04 am: |
|
Who would've known these companies were that bad off! |
Gold Member Username: Adddisorder
Palm Beach,
Florida
Post Number: 5883
Registered: Jan-06
|
| Posted on Monday, February 04, 2008 - 11:38 am: |
|
interestibg |
Platinum Member Username: Wingmanalive
A pic is worth
1000 posts!!
Post Number: 13084
Registered: Jun-06
|
| Posted on Monday, February 04, 2008 - 12:39 pm: |
|
Both my mother and brother in law work for Sears. |
Gold Member Username: Hawaiian_time
Kanaka freak...
Post Number: 1776
Registered: Apr-06
|
| Posted on Monday, February 04, 2008 - 01:17 pm: |
|
No problem Paul. They'll just change the name to Don Quijote! Would you believe that's a Japanese store? Hopefully whoever takes over keeps all of it's employees. |
Gold Member Username: Shortysetnies
Rock Vegas,
NC
US
Post Number: 1884
Registered: Mar-06
|
| Posted on Monday, February 04, 2008 - 02:00 pm: |
|
outsourcing sucks. People lose jobs and recieve pay cuts b/c of it but the the owners they are only concerned about the $$$ |
Gold Member Username: Cblaze
Rock island,
Tenesssee
Us
Post Number: 1679
Registered: Sep-07
|
| Posted on Monday, February 04, 2008 - 02:18 pm: |
|
sears is g@y.my mom got her identity stolen on a sears card,they ran it up over 1000 dollars.she called and they said ok we will take the money off,they keep sendin here bill of over 200 bucks extra on the bill.she called back and talked to the main manager.he said u are paying 135a month,this is my company ,u pay what i want u to pay.when the bill should only be 15 a month |
Gold Member Username: Shortysetnies
Rock Vegas,
NC
US
Post Number: 1886
Registered: Mar-06
|
| Posted on Monday, February 04, 2008 - 02:28 pm: |
|
never liked sears for some reason but it still sucks that people might lose their jobs... The country is going downhill slowly but I'm still proud to be american |
Gold Member Username: Nd4spd18
Northwest PA
Post Number: 5991
Registered: Jul-06
|
| Posted on Monday, February 04, 2008 - 03:46 pm: |
|
Sears can't go! Where would we get craftsman tools! |
|
|
Gold Member Username: Hawaiian_time
Kanaka freak...
Post Number: 1778
Registered: Apr-06
|
| Posted on Monday, February 04, 2008 - 03:52 pm: |
|
Yeah M.S., craftsman tools are great! They'll just change the name to hombre de los artes tools! |
Gold Member Username: Freezeman_7
FOR SALE,
BNIB RD AUDI...
USA
Post Number: 2225
Registered: May-06
|
| Posted on Monday, February 04, 2008 - 04:58 pm: |
|
what about ford? huge blow. best trucks made imo. |
Gold Member Username: Denali_on_22s
The kids like my rhyme...
Post Number: 3850
Registered: Feb-06
|
| Posted on Monday, February 04, 2008 - 05:55 pm: |
|
pretty sure quite a few of these companies are supposed to bounce back in big ways this year... |
Gold Member Username: Adddisorder
Palm Beach,
Florida
Post Number: 5886
Registered: Jan-06
|
| Posted on Monday, February 04, 2008 - 06:51 pm: |
|
the enconomy sucks its in recession, eventually it will bounce back. |
Gold Member Username: •cam•
BC
Canada
Post Number: 1852
Registered: Nov-06
|
| Posted on Monday, February 04, 2008 - 07:02 pm: |
|
I don't think it's going to bounce back. It's all about the oil peak, my friends. |
Gold Member Username: Denali_on_22s
The kids like my rhyme...
Post Number: 3854
Registered: Feb-06
|
| Posted on Monday, February 04, 2008 - 07:06 pm: |
|
cam... you're from canada... you should know there is a shitload of oil under ya'll. there's enough oil for us to not have to worry about it for a while. just depends on when we are going to tap that source. |
Gold Member Username: Southernrebel
Monroe,
Louisiana
2 DD3515s, 2...
Post Number: 5892
Registered: Mar-04
|
| Posted on Monday, February 04, 2008 - 08:22 pm: |
|
If AMD goes, there will be little to nothing holding Intel back on price gouging 
We would be looking at big increases in cpu prices if they go south. |
Gold Member Username: •cam•
BC
Canada
Post Number: 1853
Registered: Nov-06
|
| Posted on Monday, February 04, 2008 - 08:31 pm: |
|
Yeah, man. The problem is the EROEI ratio. It's not economically viable to replace the 30:1 (energy returned:energy invested) that our current methods/sources average. The sands/shale or whatever are only about 1.5:1. The economy and all these big box companies depend on cheap oil. What would happen to the price if we were getting most of our oil at a 1.5:1 EROEI ratio?
Computer chips take oil to produce, I'll have to check the number.
Here it is:
"According to the American Chemical Society, the construction of single 32 megabyte DRAM chip requires 3.5 pounds of fossil fuels in addition to 70.5 pounds of water. Source" |
Platinum Member Username: Project6
Post Number: 14674
Registered: Dec-03
|
| Posted on Monday, February 04, 2008 - 09:14 pm: |
|
Time to sell some stock |
Platinum Member Username: Wingmanalive
A pic is worth
1000 posts!!
Post Number: 13105
Registered: Jun-06
|
| Posted on Monday, February 04, 2008 - 09:37 pm: |
|
My brother in law is a salesman for Sears. He used to do strictly heating and air. Now they are offering kitchens and bathrooms. Also siding and windows, plus roofing.
They're trying to dip into the home improvement market. There's a market for it even though the building industry has taken a severe slash to the wrist. I know this because I'm involved in it.
There's money in it because Sears has a well established name and every time an elderly widow needs something done to her home she thinks she can trust the company that's been around since she was a kid. They don't like contractors, they scare them. Problem is Sears subcontracts the work out to those very same contractors and marks the labor up even more. They don't care. It's Sears. Plus Sears offers such great credit deals. No payments or interest for two years. Ppl hard up jump at that. |
Gold Member Username: Shortysetnies
Rock Vegas,
NC
US
Post Number: 1894
Registered: Mar-06
|
| Posted on Monday, February 04, 2008 - 11:39 pm: |
|
"They don't like contractors, they scare them"
The people building a .5 million dollar house across the street from us just had their contractor rip them off... He was building about 5 upscale houses and had gotten a good bit of the money from them already and built him, his daughter and another relative a house, not under his business name. Once those houses were built, he filed bankrupcy and lost those 5 houses and his work tools.... But he got 3, ALMOST free, houses out of it. Sad, sad world. |
Platinum Member Username: Wingmanalive
A pic is worth
1000 posts!!
Post Number: 13123
Registered: Jun-06
|
| Posted on Tuesday, February 05, 2008 - 07:32 am: |
|
That's what even larger building companies do. They build and build, sometimes solely on credit. Then when the homes don't sell and the venders start knocking they jump ship and bug out. Trigger shy home buyers don't help either. Even after the contracts are signed.
It's also part of the market right now. Everybody has bills to pay and whatever it takes to keep those hammers swinging......... |
Gold Member Username: Shortysetnies
Rock Vegas,
NC
US
Post Number: 1904
Registered: Mar-06
|
| Posted on Tuesday, February 05, 2008 - 10:32 am: |
|
My dad built our house himself, minus the bricking, tile, harwood floors and carpeting, everything was done by him so it took us a lot longer b/c he had his 8-5 job also, but we got it done exactly how we wanted it and cheap as he!!. We saved 180K according to the appraiser.
But me and my buddy were talking last night.... Ford being an import? That just doesnt sound right. |
