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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 256.41+1.1%Dec 19 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (4640)12/26/2002 2:51:53 PM
From: BWAC  Read Replies (1) of 25522
 
OT <"Post-Christmas Sales Too Late to Help Retailers">

No sale is ever too late. As long as it clears inventory and provides room and capital for new inventory. Every item sold from the seasonal stock-up is 'help'.

Clothing retailors: Sell sweater at cost? Vs. Let it sit around and gather dust (and use capital) until next fall? Get the item gone at any reasonable recovery of capital. I've seen managers fired for being bull-headed and boxing this stuff up into storage for 'next year'. I've seen them crawl department heads when I plopped $80,000 at retail boxed up sweaters into their office in May. It never pays. Discount it and move it out.

How about if Best Buy boxed up all its unsold electronics and computers to sell for Back-to-School rather than moving them now thru discounts? Would that be percieved as positive and 'help' by the journalists and analysts?

Thus any sale, almost no matter how discounted, is good help right now.
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