You missed market share growth, secular growth, ramping up growth, new economy growth metrics, customer centric growth, macro economic growth, and avoiding chapter 7 or 11...
HJ, you were three for seven, slightly better than crawbaby, though some of your misses at least hit the rim. "New economy" and "customer centric" are overused buzzwords, one of which is a myth and the other is just elementary business sense ("Duh - I didn't know we were suppose to listen to the customers"). "Ramping up [anything]" is just an excuse to spend idiotic amounts of money, particularly on marketing ("brand building") and manpower (especially more VPs), without a reasoned business justification or any way to measure results. The use of "ramping up growth" is a little different - it's used to build expectations of the proverbial "hockey stick". Full credit for all three.
"Secular growth" has real meaning, but if anyone is using it as a reason for being bullish today, they've obviously missed the meaning of "secular" or the fact that the growth part was interrupted. Half point. Make it 3.5 of 7.
"Marco economic growth"? Oh, ditto. 4 of 7.
"Market share growth"? Well, that could be a valid reason for stock-specific bullishness - as long as the particular market isn't shrinking faster than they are gaining share. ;-)
"Avoiding chapter 7 or 11"? Well, HJ, you should know that financial risk is an important consideration in evaluating a stock. Amazon's a good example (note how I made this post on-topic now?<g>).
Overall, with the two half-pointers, not a bad percentage.
Bob |
