Friday, January 25, 2008

What was your favorite ____________ moment?


EDIT:

Jan 17

Well, as predicted, CircuitCity is shutting down



I read an article recently on the AOL Money site about Companies Hit Hardest By Credit Crisis

It was a list of 18 well known companies that are in serious financial trouble.

I was a bit surprised by some of the incredibly low stock prices listed in the article, so I pulled up the current stock prices and was even more shocked.

Here are the highlights

Company name is followed by 10/29 stock price per share.

  • Radio Shack - $12.55 - Caters to typically low end consumers who don't have a lot of spare cash. Tied themselves to the cell phone market which is drying up.
  • General Motors - $6.25 - Losing $1 BILLION per month and people that want to actually buy cars and trucks are now having trouble getting credit to do so.
  • Research In Motion - $46.99 - The company that brought us the Crackberry is on the way down. Apple's iPhone outsold Blackberry last quarter and look for that trend to continue.
  • Safeway - $20.49 - This large food retailer (grocery store) only made $451 million profit last year after posting $10 Billion in sales. Less than 5% profit margin.
  • Apple - $99.91 - What's missing from the stock price is the 50% drop off, down from $202. Macs are expensive and iPods last forever, I still have my original shuffle from 4 years ago. Once the iPhone market is saturated look for an even further decline.
  • Disney - $23.91 - While the movie business is booming for Disney after the departure of Pixar, the theme park attendance is the lowest in decades.
  • Wynn Resorts - $32.88 - Proving that no place is immune from the financial belt tightening. One of most successful hotel chains in Las Vegas has plenty of rooms available.
  • Standard Pacific - A very historically successful home builder may just disappear in 2009 where new home sales and construction could come to a standstill as thousands of foreclosed homes are on the market at dirt cheap prices.
  • Now here are the really bad ones with stock prices less than $1.00 per share.
  • Sirius XM Radio - $0.36 - Yes that's 36 cents per share. The recent merger of Sirius and XM may not ever get a chance to play out. Satellite radio is driven by the new car market. (see GM topic above)
  • Charter Communications - $0.40 - I am writing this while connected through a Charter High Speed Internet line but in 2009 I may need to look for another ISP. I have also called them to ask about getting some new DVRs and they are constantly "out of stock"
  • Circuit City - $0.27 - The replacement of the CEO may be too little too late for a company losing the battle between Wal-Mart and Best Buy.

Other trends to watch this holiday season.

Overall consumer electronics spending. Typically electronic sales boom from Halloween to New Years but don't expect that to continue this year. Sony, Nintendo and Microsoft may see all time lows of game console sales this year. Waiting in line to get a WII Fit may not be an issue.

Newspaper chains. 2009 may see the end of curling up on the couch with the Sunday paper and a nice cup of coffee. Replaced by sitting in front of your computer reading the headlines.

Wednesday, January 16, 2008

Ahh, I Wish the Writers Would Strike More Often

Three FOUR reasons I love the Writer's Strike

Top Sniper

But now you don't need to head to the frontlines to see the world's best snipers in action, we've got them right here on the Military Channel.

Every year the Sniper School at Fort Benning Georgia invites the most elite sniper teams in the world to compete in a week-long competition to determine which two man team is the best. Although this is a competition, for many soldiers it will be the most realistic training they will ever receive.

The Military Channel will take you into the world of modern sniping and behind the rifles to experience combat competition like never before.

Moment Of Truth

THE MOMENT OF TRUTH will put participants to the test -- the lie detector test -- to reveal whether or not they are telling the truth for a chance to win half a million dollars. The challenge is simple: answer 21 increasingly personal questions honestly, as determined by a polygraph, and win up to $500,000. This is the only game show where participants know both the questions and the answers before they begin to play. What deep dark secret will someone divulge for hundreds of thousands of dollars?

How To Look Good Naked

98% of women claim to be dissatisfied with their body shape. How To Look Good Naked is a new series that shows women their bodies as they’ve never seen them before.

Each week they take one woman who is unhappy with her body and delve into how long her negative body image has affected her life and see just how far she goes to avoid being seen naked.

With secrets from the world of fashion and beauty, he arms each woman with the confidence to show her body off – first of all fully clothed, and then to be photographed completely naked. Once empowered the woman learns to love the skin she’s in, and all without resorting to drastic measures such as extreme dieting or plastic surgery.

A truly revealing and feel good series for women of every shape and size!

EDIT: This one was just too good not to include

Pussycat Dolls Present Girlicious

In the first season of Pussycat Dolls Present: The Search for the Next Doll, Asia Nitollano was the last woman standing. Unfortunately for the Dolls, she didn't become a permanent member of the group as she chose to pursue a solo career instead. How's that career going, Asia? Pussycat Dolls' founder Robin Antin is hoping to have better luck in the upcoming second season, Pussycat Dolls Present: Girlicious. This season, Robin will not just look for one group member, but form an entirely new group called, you guessed it, Girlicious. The show premieres February 18 on the CW after Gossip Girl, at 9pm ET. Today, the CW announced the girls who will be competing for a spot in the group. Read on to learn more about this season's divas!