Re: [CANSLIM] Too Much Building


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Too Much Building
Date: Sun, 14 Jul 2002 11:09:05 -0400

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I can comment on Miami (FL). Construction is still vibrant, even with =
unemployment over the national average. Roads continue to be ripped up, =
and already congested traffic further disrupted, as more and more fiber =
optic cable continues to be laid. A Home Depot is being built only about =
4 miles from my home, will save me the longer trip to one about 9 miles =
or so away. Location seems to me ideal, lots of apartment and high value =
residential properties nearby.

- ----- Original Message -----=20
From: Alicia Lensing=20
To: canslim@lists.xmission.com=20
Sent: Sunday, July 14, 2002 11:04 AM
Subject: Re: [CANSLIM] Too Much Building


Gene:

I, too, notice this in Dallas,  and thought perhaps it was in part due =
to the ravages of the telecom corridor in Richardson.  However, just =
last evening, we entertained a guest from Miami, as well as one from =
NYC, and the subject of consumer spending arose.  I feel like the =
situation you mention is not confined to Dallas.  Perhaps all the =
refinane money has been spent, and shoppers are pulling in the reins.

Alicia
  ----- Original Message -----=20
  From: Gene Ricci=20
  To: canslim@lists.xmission.com=20
  Sent: Saturday, July 13, 2002 9:52 PM
  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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<META http-equiv=3DContent-Type content=3D"text/html; =
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<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial>I can comment on Miami (FL). Construction is =
still=20
vibrant, even with unemployment over the national average. Roads =
continue to be=20
ripped up, and already congested traffic further disrupted, as more and =
more=20
fiber optic cable continues to be laid. A Home Depot is being built only =
about 4=20
miles from my home, will save me the longer trip to one about 9 miles or =
so=20
away. Location seems to me ideal, lots of apartment and high value =
residential=20
properties nearby.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dalensing@prodigy.net href=3D"mailto:alensing@prodigy.net">Alicia =
Lensing</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Sunday, July 14, 2002 11:04 AM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Too Much Building</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3D"Comic Sans MS" =
size=3D2><STRONG>Gene:</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2><STRONG>I, too, notice this =
in=20
Dallas,&nbsp; and thought perhaps it&nbsp;was in part due to the ravages =
of the=20
telecom corridor in Richardson.&nbsp; However, just last evening, we =
entertained=20
a guest from Miami, as well as one from NYC, and the subject of consumer =

spending arose.&nbsp; I feel like the situation you mention is not =
confined to=20
Dallas.&nbsp; Perhaps all the refinane money has been spent, and =
shoppers are=20
pulling in the reins.</STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3D"Comic Sans MS" =
size=3D2><STRONG>Alicia</STRONG></FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene =
Ricci</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 13, 2002 =
9:52=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Too Much=20
Building</DIV>
  <DIV><BR></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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Next Article (by Date): Re: [CANSLIM] Too Much Building Kent Norman
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