Sears Holdings (SHLD -0.9%) says it will offer data storage and other tech solutions in a new...


Sears Holdings (SHLD -0.9%) says it will offer data storage and other tech solutions in a new gambit aimed at raising revenue. The company has set up a subsidiary called MetaScale to provide it with business solutions to sell, including cloud computing services.

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Comments (27)
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    They're going up in smoke, so might as well make a cloud out of it.
    25 Apr 2012, 03:13 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    Good point, Paulo. Sorry to say, any news about SHLD reeks of desperation. From licensing brands to adding cloud services to Scrubology, its desperation. Anything to make the 1st Q look less terrible.
    25 Apr 2012, 05:37 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    How's your short position doing?
    25 Apr 2012, 07:26 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    If he came in at 80, 90, 100 +. probably pretty good.
    25 Apr 2012, 07:33 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    If I remember correctly he started shorting in the 40s. I could be wrong though.
    28 Apr 2012, 01:43 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    I started above $50, with the trades I'm around breakeven. Not that it matters, because I'll probably hold this until it trades below $10 or shows considerable fundamental improvement.
    28 Apr 2012, 01:49 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    Since every smart investor has an exit plan, when do you believe SHLD will trade "below $10"?

     

    "Some nebulous time in the future" is not a smart investing plan.
    28 Apr 2012, 02:08 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    I stated my exit plan: either it blows up or it turns around. Right now the likelihood that it blows up within 2 years is good.
    28 Apr 2012, 03:05 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    ..and if it doesn't?

     

    I remember how "experts" said Sears wouldn't survive the initial housing collapse or the credit crunch.

     

    At some point the true pros throw in the towel and admit they were wrong.
    28 Apr 2012, 03:24 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    Deep, I've been following SHLD on and off for a while, up until recently it produced cash even when losing money. Not any more. Now it burns money at a good clip. How long it survives depends on how long ESL wants to keep it burning money and shedding profitable assets, if he doesn't find a way to turn it around.
    28 Apr 2012, 04:30 PM Reply Like
  • mdesilvio
    , contributor
    Comments (78) | Send Message
     
    Here it is - what we IT types call "PFM" - i'm not allowed to elaborate without being censored. This is how the CEO of metascale describes their service; footnote the CEO is also the CIO of SHLD.

     

    “Hadoop is NOT a high-speed SQL database. It is in no ways simple, nor can it be easily connected to legacy systems. It is certainly not a replacement for your current data warehouse and it won’t save you millions in an eye blink. It won’t be built or operated by your DBAs, leave that, it won’t even make any sense to your data architects! Please don’t implement it if your organization does not have the necessary Linux skills.

     

    What it is though, is a super-powerful environment to:
    – Store vast amounts of data
    – Run queries on huge data sets
    – Ask questions previously impossible
    – Archive data but still analyze it
    – Capture data streams at incredible speeds
    – Massively reduce data latency
    – Transform your thinking about ETL

     

    Think of Hadoop as an ecosystem and while you are at it, rethink everything about the way you capture, store, analyze or structure your data. Hadoop will significantly reduce your data storage costs while drastically improving the speed with which you analyze the data. The capability of your team will improve immensely with Hadoop.”

     

    http://bit.ly/JGX6rE
    25 Apr 2012, 07:06 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    So how are they to make money distributing the open source Hadoop?
    25 Apr 2012, 07:27 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    If it is anything like the operating system I had to use when with Sears not so long ago, I wouldn't hold my breath on it being a driver to turn the firm around.
    25 Apr 2012, 07:38 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    Obviously they won't turn a $40 billion behemoth around with an open-source app. But it shows quite a bit of desperation to even talk about it.
    25 Apr 2012, 07:43 PM Reply Like
  • mdesilvio
    , contributor
    Comments (78) | Send Message
     
    I have absolutely no idea how SHLD intends on making money with Hadoop; other than causing a blip on the stock price. Just smoke 'n mirrors, I reckon.
    25 Apr 2012, 07:45 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    It's sad, really. I like Sears - lots of good people there (lot of boobs, too). But the flailing around grabbing at anything that looks like some great move fwd is astonishing. Cloud computing? Really? Ever heard of Google? Amazon? A former CEO said Sears past the tipping point some time ago. Think that says it all.
    25 Apr 2012, 07:54 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    Sears is going to be a huge player in cloud storage services.
    25 Apr 2012, 07:26 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    Yeah, I agree, SHLD is headed to heaven. And will be huge there.

     

    DeepValue, that reeks of desperation.
    25 Apr 2012, 07:34 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13175) | Send Message
     
    With Amazon Cloud Drive, iCloud, SkyDrive, and Google Drive, why on earth would I go to Sears for cloud storage? lol
    25 Apr 2012, 08:01 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    Just in case you lose the handbook for your Craftsman Riding Mower - you can find it awesome fast on SearsCloud!
    25 Apr 2012, 08:15 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (33946) | Send Message
     
    Hell, there will even be an app for mowing grass, as I see it.
    25 Apr 2012, 08:16 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    Price.
    28 Apr 2012, 01:47 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    You think every thing they do is wrong.

     

    Over 4000 comments and you haven't offered one solution of your own.
    28 Apr 2012, 01:48 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11174) | Send Message
     
    :::With Amazon Cloud Drive, iCloud, SkyDrive, and Google Drive, why on earth would I go to Sears for cloud storage? lol :::

     

    Price.
    28 Apr 2012, 02:10 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (6334) | Send Message
     
    Just what Sears needs - lower margins.
    28 Apr 2012, 07:49 PM Reply Like
  • Eric Cartmen
    , contributor
    Comments (33) | Send Message
     
    Can't get much lower than free. Well, Sears will find a way. Maybe free and make it aggravating to try to use so they give you a rebate for the trouble.
    29 Apr 2012, 01:34 AM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (6334) | Send Message
     
    I always said Sears' should of started selling hot dogs at all their locations.
    28 Apr 2012, 07:53 PM Reply Like
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