SI
SI
discoversearch

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.
Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (6732)1/27/2006 3:28:39 PM
From: Jill  Respond to of 15857
 
I haven't looked lately but for awhile it was a success because of real estate not the actual merchandise in the stores.



To: Lizzie Tudor who wrote (6732)1/27/2006 3:55:09 PM
From: Green Receipt  Respond to of 15857
 
It might be a success from a $ perspective, but if you're a customer, its dismal.

Even since the merger I still get awful service with both stores. The advertised items are never in stock and trying to find an interested employee in resolving an issue is usually a dead end street. I think at kmart its worse in that situation. The employees I have run into just don't care about their jobs. Morale seems really low...



To: Lizzie Tudor who wrote (6732)1/27/2006 5:04:43 PM
From: Sr K  Respond to of 15857
 
**OT - SHLD

Why is there no SHLD board on SI? Because people make too much money in it and there's not a lot to discuss or evaluate. It's location, location, location, real estate, real estate, real estate, and cash flow, cash flow, cash flow.

Buy under $117, or reevaluate if it holds above $125.

There must be others who see the difference between a stock and an operating business. It's not a "silicon" stock. Or, people who know keep it to themselves.

But Sears Holdings and Apple are the only large stocks I know of that were up over 200% in 2004 and 100% in 2005:

Sears Holdings
2004 313%
2005 168%

Apple Computer
2004 201%
2005 123%

[past performance is no guarantee of future results]

SHLD bought back $500 million of stock at a little over $118 starting in September or so last year, and announced another buyback of $500 million when it was trading about $115 that is not reflected in the 10-Q shares outstanding as of 10/29/05 which is what the data services use. There are about 157 million shares now. Lampert controls about 42%.

After the quarter ended, Sears Canada sold its credit card business for $1.9 billion 11/15 to JPM, and declared a dividend of the $1.7 billion after-tax proceeds, and Sears Holdings used its after tax share to tender for the 46% of Sears Canada it didn't own.

The stock seems bound by $125 and did so again today.