Go to Jeff Salisbury LWGate Home Page.From: "zillagirl" <zillagirl@email.msn.com>
Subject: Re: [CANSLIM] Too Much Building
Date: Tue, 16 Jul 2002 09:42:15 -0700
Next Article (by Date): Re: [CANSLIM] Cheap? Chazmoore@aol.com
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I wonder if all the building could be in response to projected population increases and wanting to get exposure more inexpensively then it will be in the future. I watched a special on the Panama Canal the other night. When it was built it costs 351 million dollars. Equivalent to billions and billions now. - ----- Original Message ----- From: "Winston Little" <wlittle1@peoplepc.com> To: <canslim@lists.xmission.com> Sent: Tuesday, July 16, 2002 8:47 AM Subject: Re: [CANSLIM] Too Much Building > There have been a recent significant increase in the number of HD outlets in > Detroit. This occurred right after LOW opened three stores in the area. > However, my observations is that fewer stores with more check out CASHIERS > in each would have better served HD. > It is rare that more than two or three cash registers are in operation. Yet, > each line often has about ten customers waiting to pay for goods. Each of > the lines has someone in it with enough goods to build a small house, or > items without price tag (adding to delay). Result is an unwelcome time to > get out of the store, especially if one just has one or two items. > > My rhetorical question: > Was the HD decision to build more stores a reaction to the long lines > (instead of adding cashiers) or to try to overwhelm any effect that the > arrival of LOW might have in the market? > > ----- Original Message ----- > From: "Duke Miller" <dukemill@tampabay.rr.com> > To: <canslim@lists.xmission.com> > Sent: Tuesday, July 16, 2002 11:19 AM > Subject: RE: [CANSLIM] Too Much Building > > > > We had a similar situation here in Florida shortly after Disney World > > opened in Orlando, mid-70's. Hotels up the wazoo. Many went under and > > took some S&L's with them. The cause of the problem was simple: ALL of > > them did their pro forma business plans on the SAME day!! > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Kent Norman > > Sent: Sunday, July 14, 2002 12:48 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Too Much Building > > > > > > Does anyone remember the apartment building boom? I think it was in the > > late '80s ? I remember driving past one project after another, Several > > friends made the same comment to the effect of "I can't see why they are > > still building when the can't fill the ones they already have". Then I > > watched as several projects were boarded up and it took about 10 years > > for the demand to catch up. > > > > Now In the Dallas/Fort Worth area, we have a Wallgreens and Eckerd on > > opposite corners similar to the way gas stations once were. Home Depot > > and Lowes are playing a similar game. I have 3 HDs and 2 Lowes within > > about a 6 mile radius. I went to the Lowes last night that is further > > from my house just because it has fewer shoppers at the checkouts and I > > don't have to wait in line. > > > > Regards > > Kent Norman > > > > > > --- Tom Worley <stkguru@bellsouth.net> wrote: > > > 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 ----- > > > From: Alicia Lensing > > > To: canslim@lists.xmission.com > > > 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 ----- > > > From: Gene Ricci > > > To: canslim@lists.xmission.com > > > 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 > > > > > > > > > ===== > > Opportunities always look bigger going than coming. > > > > __________________________________________________ > > Do You Yahoo!? > > Yahoo! Autos - Get free new car price quotes http://autos.yahoo.com > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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