GOING OUT OF BUSINESS
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Gold Member Username: ShortysetniesRock Vegas, NC US Post Number: 1882 Registered: Mar-06 | 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. |
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Gold Member Username: Hawaiian_timeKanaka freak... Post Number: 1775 Registered: Apr-06 | Who would've known these companies were that bad off! |
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Gold Member Username: AdddisorderPalm Beach, Florida Post Number: 5883 Registered: Jan-06 | interestibg |
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Platinum Member Username: WingmanaliveA pic is worth 1000 posts!! Post Number: 13084 Registered: Jun-06 | Both my mother and brother in law work for Sears. |
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Gold Member Username: Hawaiian_timeKanaka freak... Post Number: 1776 Registered: Apr-06 | 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. |
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Gold Member Username: ShortysetniesRock Vegas, NC US Post Number: 1884 Registered: Mar-06 | outsourcing sucks. People lose jobs and recieve pay cuts b/c of it but the the owners they are only concerned about the $$$ |
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Gold Member Username: CblazeRock island, Tenesssee Us Post Number: 1679 Registered: Sep-07 | 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 |
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Gold Member Username: ShortysetniesRock Vegas, NC US Post Number: 1886 Registered: Mar-06 | 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 |
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Gold Member Username: Nd4spd18Northwest PA Post Number: 5991 Registered: Jul-06 | Sears can't go! Where would we get craftsman tools! |
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Gold Member Username: Hawaiian_timeKanaka freak... Post Number: 1778 Registered: Apr-06 | Yeah M.S., craftsman tools are great! They'll just change the name to hombre de los artes tools! |
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Gold Member Username: Freezeman_7FOR SALE, BNIB RD AUDI... USA Post Number: 2225 Registered: May-06 | what about ford? huge blow. best trucks made imo. |
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Gold Member Username: Denali_on_22sThe kids like my rhyme... Post Number: 3850 Registered: Feb-06 | pretty sure quite a few of these companies are supposed to bounce back in big ways this year... |
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Gold Member Username: AdddisorderPalm Beach, Florida Post Number: 5886 Registered: Jan-06 | the enconomy sucks its in recession, eventually it will bounce back. |
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Gold Member Username: •cam•BC Canada Post Number: 1852 Registered: Nov-06 | I don't think it's going to bounce back. It's all about the oil peak, my friends. |
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Gold Member Username: Denali_on_22sThe kids like my rhyme... Post Number: 3854 Registered: Feb-06 | 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. |
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Gold Member Username: SouthernrebelMonroe, Louisiana 2 DD3515s, 2... Post Number: 5892 Registered: Mar-04 | 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. |
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Gold Member Username: •cam•BC Canada Post Number: 1853 Registered: Nov-06 | 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" |
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Platinum Member Username: Project6Post Number: 14674 Registered: Dec-03 | Time to sell some stock |
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Platinum Member Username: WingmanaliveA pic is worth 1000 posts!! Post Number: 13105 Registered: Jun-06 | 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. |
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Gold Member Username: ShortysetniesRock Vegas, NC US Post Number: 1894 Registered: Mar-06 | "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. |
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Platinum Member Username: WingmanaliveA pic is worth 1000 posts!! Post Number: 13123 Registered: Jun-06 | 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......... |
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Gold Member Username: ShortysetniesRock Vegas, NC US Post Number: 1904 Registered: Mar-06 | 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. |