no problem .. back in the day .. .IBM was considered recession proof .. nobody
really knew why, or said such , but their product cycles coincided with the business
cycles . they would come out with new systems during a downturn , which then
fueled the first companies to upgrade and things boomed ... GE is at a few
thresholds , technologies that have been in their Wheelhouse since TAE ..
1) locomotive engines 2) electric turbines and generation equipment .. hydro ,
solar , wind , et al 3) jet engines 4) medical device field .. all businesses with
wide moats and impossibly expensive for anyone to start into ...
They are still paring down businesses that don't make sense and in July will
know how much they realize for spinning off the credit bank .. .garce
i figure to hold for at least and probably 10 years ..
Jack was the bogeyman .... no different than that guy Kowalski(or whatever his name was) at TYCO ,
just buy up as whole bunch of companies , while the buying is going on , the only thing noticed is
expansion of balance sheet and the stock soars , then once people realize those acquisitions were
of companies that the parent was clueless about their businesses or companies whose models
were ready to go bust ... and VOILA ...
Taking down that Welshs empire would be no easy task during a boom economy , but Jeff got
clobbered and the GE finance was the worst of it ...
When i 1st bought GE i though that spinning off 1/2 the company was imminent , then the bankng
crises and all the rest , fortunately , i quickly got out(actually made 10%) , then the fall came ..
i started to wade back in last year .. and will probably add more down the line ..i think that GE
is pretty well situated at this point and there is little downside risk, though it might be quite a while
before things really get rolling ...
The energy thing should only be a blip for GE , as they do not derive revenues directly from
oil / gas / wind / solar , but help other companies to be more efficient with their generation of
a year from now , the picture should be a lot more clear , but then it might be a good deal
more expensive to get in or add .. .garce
it's another govt conspiracy ... pretty easy to see ..
... get the big companies to lay off engineers , increase the pool , then there is not need to import them from
abroad .. unless of course , the ones getting laid off have been on "in house retirement" the past 5-10 and
are not worth much to the next guy .. it's a vicious cycle ...
1) keep your eye on the ball 2) keep your ear to the ground 3) keep your shoulder to wheel ,
now work from that position ....
how about resurrecting an old Roman tradition ..
hang'em on roods all along that long road to HQ .. just as a lesson to all who enter ??
all part of the game ... seen it before with many companies that grew large on the back of good
solid business plan and execution , then size can work against them ..
I have to believe that the long range plan is to turn some % of stores into warehouses and dist
centers with no foot traffic , no associates and little value to the local communities ... garce
recession proof ?? hah ! when the US was in recession , HD was stuck in that low range , but
for me , anything over 90 is nosebleed territory ..
not sure what they have under the covers , but i believe it's an attempt to transition from strictly brick and mortor
to bopis and delivery business .. which is way you see so many stores "seemingly" understaffed and
those on the beat tend to be very marginal ....
HD , and i an certain , many other retailers .. are trying to defeat an age old problem , of predicting when t
they need more floor help, based on stats that show peak times of foot traffic .. in the old days , labor was
a pill that retail had to swallow , staffing to be ready at all times , which seemed like a waste of money
.... now they use KRONOS to schedule associates , which can really screw up their lives and also
often results in poor customer service ... all for profit and not necessarily for survival ..
.... often , HD is mentioned in terms of competition with the likes of Lowes and LL .. but when you look
at the items for sale in any store , probably 75% of them have a host of competition away from
home improvement businesses .. how much stuff do they sell that can be easily often cheaper at
SHoprite , Walmart , local garden centers and such ?
.... and , the div isn't high enough for me to own any at this level ...g
i didn't post that about KMI specifically , simply a possible dynamic .. the well run companies
structure themselves to avoid such pitfalls ... and so far , KMI has demonstrated astute
Yes Don ..l. however , for the shorts who know nothing of the business and just trade by
numbers .. Eman has had a great run from 186 to 295 .. so most likely , in the past few days,
some more shorts have been put on , expecting the usual to occur and we get beat back
down to 220 ..
eventually all traders get stuck on the wrong side ..
one reason why the microcaps are risky for everyone .. a single , decent pr could launch
the stock and force an actual squeeze ... g
eSight has gone viral and millions have learned about us in just the past few days! We will get back to everyone soon. Thanks for bearing with us.
..... for everyone who cries out for more pr .. you cannot beat this , when another party is spreading the
word and for something as significant as this ..
it would be nice if we can put that fancy logo on the unit , eh ?
thank goodness the snow missed the Southern Kaats .. right now , the sun is out , but it's gonna
get cold at night this week .. call is for a few sub zero nights .. .
How about that new coach for the Bears ? I think he's a class act and didn't like to see the
Giants let'em go ... g
shorts covering ... the ones who shorted over 10 have some nifty profit ..
that's driving price up , while they reload for another round ... seen it before ..
sort of like a reverse correction ?? NES has had quite a slide lately and due for "a correction" ..
no news today , so such a move needs to be viewed with great skepticism .. especially when all of
the exchanges are getting whacked
gas / oil transport business is done via contracts ... lower prices might not affect the flow rate , but the
producers will negotiate lower rates ..
in a perfect world , the pipe operators should see no difference between high and low demand , if that
was the case , then all pipes would be just utilities , with very predictive cash flows , etc ..
the fact is , there are factors that influence how much rev they can generate , so there are price fluctuations and
a lot of investor interest ..
lower demand , lower prices could actually dry up feedstock for some pipelines and they have to shut
it's not as though some of us warned of this .. and we got scorned off the board ..
"none so blind , as though who can see " ... g
like i posted a year ago .. HAL buys up the scraps .. i just don't know if it's more cost effective for them
to buy the company at a dime a share , or after BK ... g