Prudent management uses earnings to buy back the
company stock when it appears a better investment than
investing the money into production or
Borrowing money to buy back stock is an inprudent
management trick to get a boost in earnings per share before
the added interest costs start hitting the P&L
In PepBoys case it also say that management is not
smart enough to put money obtained by any means into
profits generating ventures.
To make even more
money for the PBY shareholders, management should
borrow even more money and invest the proceeds into
uBid, eBay, Yahoo, and AOL stock. Then you will see
some money made.
when I saw all those Z's I remembered that My
youngest son has a new black MB with a lic tag that reads
"FOLTZZZZZZZ" So if you see him in the LA area or in the LA
court system (an Ass't DA). you can say "there goes one
of Bottles' sons".
I take it, that you are saying
that I'm asleep, maybe I am, but most of my portfolio
is still making money & I look forward to another
good year in 1999.
I still state that I never heard
of the Racer cartoon & my wife said she had never
heard of it either.
the media continually that he is honestly trying
to correct these kinds of scams that had prev been a
loose practice by a lot of their serv mgrs. Like in my
case when they were doing it to me the serv mgr kept
repeating "I can do this legally, I can do this legally" &
I kept saying, " It might be legal, but it is
After many postings on this bd by me & some others,
Philly (man in control of serv, I think his first name
is Bruce -something} notified this DM to CORRECT my
complaint, which he DID. NOW, I'm a RETURNED CUSTOMER!
feel Calif should change a lot of their laws affecting
Smog Testing on the books now, or face a rebellion by
the general public in the near future. The Governor
said he had to put these laws into effect to make sure
the state would receive the Fed's millions that were
about to be suspended. How flakey the politics can get
was proven when our Gov gave us a small discount on
our '99 lic reg fees & then they changed our smog
testing from about $8.95 labor per test to what it is
now, $45 labor plus the $8.25 cert Fee (state). I
wonder if he thinks we car owners are all dummies, but
he knew he was being voted out of office, anyhow. So
here we go again, GETTING SHAFTED!
of one Chief store Mgr who is contracted already
to be mgr of one of the AZO stores in Hemet. Whether
she was good or bad had nothing to do with the AZO
decision, even though I know that she is very
I'll repeat what I've said before, AZO is very hungry
for the Calif automotive business, & is apparently
buying up any chains there that are for sale. I project
that they are shopping for more of them.
it's not comic books, what is it? Or are you reluctant
to disclose the meaning?
Anyone in business would love to hear their
customer say something like that.
Of course, how
many (now) ex-PepBoys customers just walked away never
to return after getting screwed over royally with
the standard PepBoys smog cert scam??
is a PBY#0866 store invoice in the amount of
$409.43 for A PS Gear & PS Pump, RE#0866-012514 for my
Van. When a corp treats me right I in turn will give
them a large share of my automotive parts & serv
PBY corrected a wrong for me, & already they're
collecting a payback from me. Be FAIR with me & you will be
REWARDED with my business!