Maybe test out a brick and mortar, where you fire all the staff and put the items behind glass with a piece of paper sku number and object I.D., then when you leave the store just pay for the items on your cell phone or redbox type kiosks, and then a couple days later your order is delivered to your home. Especially for your stores in Los Angeles and Seattle which recently bumped the minimum wage.
I would like to buy a large bowl of real mashed potatoes, and with a chunk of non-gmo butter in the middle. For some reason all fast food burgers now register by my brain as poison.
Also, "Yellowbook’s revenue grew from $38 million to over $2 billion, including digital revenue of $400 million."
Note the best thing is for dxm not to be raped by private equity, but to remain a public company as it will take much to turn the company around.
I would much rather have Walsh than the YP ceo.
You have the choice In-N-out or Habit? I will never eat at in-n-out because it is a private company and does not have stock holders.
Happy to see you can still be involved with yelp behind the scenes.
This may be tue but the new CEO came in November and seems to have tried to really shaken things up. View walshs lindk in page and you come to this fact. When he was the CEO of yellowbook.
"Yellowbook’s revenue doubled every two years for over a dozen years."
Also to add, people online want to see ratings and number of stars. It would be nice to pay for a print directory in my area of all the companies with yelp ratings above 4 stars. I would pay $20 for that in a yellow book format. I don't use the print becasue I always wonder hoe is the ompany going to recoup the cost of the print ad, the bigger the ad, the more likely they are going to rip you off.
Get your print clients ATT, Verizon, CTL, ... to form a separate company based on marketcap. Each get shares based on contribution. Have this separate company buy yelp and DXM. You run the print, they run the digital however your print ads are linked in the yelp pages. Those print customers get a free digital ad on yelp, the identical ad. Also create a pixel perect replica of each yellowpages such that people can search for say plumber, and all the paid plumber ads will pop up on a printable page.
Yes, but I did not feel it in the conference call. If you google him he already put a shady deal to buy yellowbook for $2 billion. He is not a fly by night guy. He really is experienced in phone books and loves print. I think he is going to turn it around. Read his linkedin bio.
Review the seekingalpha earnings call transcript. Google Joe Walsh Yellowbook dexmedia. Compare ebitda free cash flow or sales or to google or tesla.
Sentiment: Strong Buy
Then what about the holders of the $.50 notes, if they mess over the stock holders once, why won't they mess them over again. The $.50 conversions would be worth nothing too. Basically the company is turned into a management owned company. What they should do is sell short-term senior secure debt to the public. I would buy it. Digital ads, seems sales reps can just leave and start their own companies if pushed around taking their accounts with them. The can be locked out of print, but not digital.
"Joe Walsh is the reason for the drop in price
Joe blames the 30% drop in digital REVENUE on the management changes he made. He admits his strategy is the reason for the massive slide in revenue. He #$%$ off the entire union sales staff by allowing the demotewd managers to take over the biggest and best accounts. His strategy has failed, look for digital revenues to be off 32% OR MORE the second quarter of the year. The sales reps that got screwed area all looking for new jobs, leaving managers that can't sell and stiffs that can't get another job. Total disaster on Joe's part to purposely cause this unrest" Is this true, it is bullish I think?
Revenues dropped 11% YOY, yet digital and print losses were each over 26%? Also General and Administrative expenses increased 60%, I thought they were cost cutting. Everyone except themselves.
That is something the blue democrats will never allow, low priced flooring. They want you to go broke paying for their schools, unions, and sex.
What is the difference in downplaying a stock in hopes investors sell, then once your short positions expire, stop the dump talk and let all the suckers that listened to you lose on their sell? Something does not seem right here. 750 ppm is the legal limit and after a couple months the new floor smell people crave goes away. Now you are going to have lawsuits, only to feed a short.
Seems they pile on 3 new lawsuit, one day before options expiration, I wonder if coincidence?
They set the price of REE and if they want to bankrupt MCP they will. MCP has a lot of things going for it. Their union contract ended, their mine is complete, production is increasing, production costs are dropping like a rock but if you get 1/20th for REE of the price 3 years ago what chance have you got.