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The TJX Companies, Inc. Message Board

  • greenish_lantern greenish_lantern Jan 31, 2007 1:46 PM Flag

    Had it coming...

    I'm a Security Vendor, 1.5 years a go I made a sales call to TJX. We were not there to sell Intrusion Detection and Protection (IDP) solutions, but brought it up during our meeting as a solution we sell. IT security staff kept telling us they were "comfortable with the risk, and we have no budget this year" of not using IDP and other security solutions. They also mentioned they passed their PCI (payment card industry) audit.

    I wonder how comfortable they are now?

    My opinion is my own, and I'm not sharing.

    Hal

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    • It's always easy to say they should have fixed this or that, hindsite is always 2-/20, bottom line you made a slaes pitched and they did not buy your product which may or may not have helped, or maybe it's just no good. If you had such serious concerns you should have escalated this.

    • So, what you are saying is that the current price dip is a buying opportunity because the issue will be resolved and will in all likelihood never happen again?

      Thanks!!!

      Honestly, I think TJX is well run ... nothing against them. But i view this as a $26 stock, not a $29-$30 stock. Get under $27 and we're talking.

      DISCLAIMER: I am a long that has had TJX for 3 years now so I'm quite happy with my annual return and small yield.

      • 1 Reply to kfh227
      • IF TJX is "well run" why did they need to hire IBM and General Dynamics?

        "....Dear TJX customer,
        Even though we violated industry standards for security, we are a "well run" company and need do nothing to improve our "well run" IT and security systems. As a WELL RUN company, we feel this was a "fluke", purely coincidental, and will not happen again, because we are a WELL RUN company!....."

        I know 4 peopel who are getting new credit cards and all have stated they will never shop there again.

        Prodigee!

 
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