RE: [CANSLIM] Too Much Building

From: "Fred Richards" <adrich@gte.net>
Subject: RE: [CANSLIM] Too Much Building
Date: Sun, 14 Jul 2002 15:43:54 -0500

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Gene,

Just look at how many gas stations Chevron has closed in the last two weeks
in the DFW market.

If the market is going up, why would you close them?
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci
  Sent: Saturday, July 13, 2002 9:52 PM
  To: canslim@lists.xmission.com
  Subject: [CANSLIM] Too Much Building


  I've been looking around the Dallas area and all I see is opening of new
stores and malls. Of course the old ones are empty. An example is COSTCO....
they have 2 stores about 7 miles apart and virtually brand new... both have
more help than customers. Looks like to thirst for market share hasn't taken
a back seat to profits. This 'glut' reminds of the gas station on every
corner, not too long ago. Is it just Dallas or is this happening all over?

  Gene

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<DIV><SPAN class=3D230554220-14072002><FONT face=3DArial color=3D#0000ff =

size=3D2>Gene,</FONT></SPAN></DIV>
<DIV><SPAN class=3D230554220-14072002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D230554220-14072002><FONT face=3DArial color=3D#0000ff =
size=3D2>Just=20
look at how many gas stations Chevron has closed in the last two weeks =
in the=20
DFW market.</FONT></SPAN></DIV>
<DIV><SPAN class=3D230554220-14072002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D230554220-14072002><FONT face=3DArial color=3D#0000ff =
size=3D2>If the=20
market is going up, why would you close them?</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Gene=20
  Ricci<BR><B>Sent:</B> Saturday, July 13, 2002 9:52 PM<BR><B>To:</B>=20
  canslim@lists.xmission.com<BR><B>Subject:</B> [CANSLIM] Too Much=20
  Building<BR><BR></FONT></DIV>
  <DIV><FONT face=3D"Comic Sans MS">I've been looking around the Dallas =
area and=20
  all I see is opening of new stores and malls. Of course the old ones =
are=20
  empty. An example&nbsp;is COSTCO.... they have 2 stores about 7 miles =
apart=20
  and virtually brand new... both have more help than customers. Looks =
like to=20
  thirst for market share hasn't taken a back seat to profits. This =
'glut'=20
  reminds of the gas station on every corner, not too long ago. Is it =
just=20
  Dallas or is this happening&nbsp;all over?</FONT></DIV>
  <DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Comic Sans =
MS">Gene</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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