Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (135639)	11/26/2001 9:29:39 AM
From: John	Respond to of 436258

It's funny you should mention this. I was considering the same thing. On Black Friday, all of the mediots were cheerfully telling us how sales were going so much better than last year, while they minimized discussing how retailers had been forced to slash prices significantly to spur sales. Like always, the truth will slowly leak out over time, but don't be surprised if we see a little more exaggeration of the sales data before the truth eventually becomes common knowledge. In fact, I wanted to start a comparison log (of links to news articles) to illustrate the same mediots going from initially reporting great holiday sales data to eventually changing the story to the truth. I haven't had time to do so so far. John

To: Win-Lose-Draw who wrote (135639)	11/26/2001 10:07:22 AM
From: sun-tzu	Respond to of 436258

The market is going much higher, good numbers or bad. Back to irrational exuberance for the foreseeable future.

To: Win-Lose-Draw who wrote (135639)	11/27/2001 11:38:40 PM
From: Les H	Respond to of 436258

retail sales from Shopping Center Assn. washingtonpost.com Sales were weakest in 5 years, and specialty stores were down. I've noticed since Sep 11 that Tysons and other malls had store closings, probably about 10 stores in Tysons Corner alone. Usually, the failing stores will close immediately after Xmas. The Telecheck survey is somewhat misleading as it focuses only on same store sales. I would also gather that people who shop by check predominantly shop at the discount stores, such as WalMarts, Costco, and other stores that they frequent regularly.