AutoZone Inc. (AZO)

All Comments on AZO

  • commenter
    Aug 21 11:31 AM
    AutoNation, Sears, and Autozone Getting Closer Together [view article]
    How do you get to "20% to 30%" of AutoZone board? There will be 12 members reduced to 10. Which current board member is linked to Lampert? Or other explanation? Thanks Reply
  • commenter
    Aug 20 10:16 PM
    AutoNation, Sears, and Autozone Getting Closer Together [view article]
    Todd,

    Do you ever respond to reader comments? Or are you content with posting propaganda-laden fluff pieces?
    Reply
  • commenter
    Aug 20 01:05 PM
    AutoNation, Sears, and Autozone Getting Closer Together [view article]
    I agree that the plan is to eventually have AN and SHLD combined, but as an AutoNation shareholder, what worries me is that regardless of how undervalued the shares are today, Sears could take it over with minimal premium. ESL already owns nearly 44% of AN shares. SHLD has the balance sheet to to pay with cash. If Eddie Lampert has control over both entities, he's not going to pay a penny more than necessary to bring the two together. Reply
  • commenter
    Aug 20 11:29 AM
    My Website
    AutoNation, Sears, and Autozone Getting Closer Together [view article]
    MAY OR MAY NOT HAPPEN BUT ITS A THOUGHT!!!!!!
    I STILL THINK BUYING A HOME BUILDER WITH LOTS OF LAND AND ASSETS ON THE CHEAP HERE WOULD MAKE LOTS OF SENSE.FILL THAT HOUSE WITH KENMORE/SEARS EVERYTHING.LET THE BASHING BEGIN.
    Reply
  • commenter
    Aug 16 06:26 PM
    Bullish Dollar Rally - Fast Money Recap (8/15/08) [view article]
    Something has to give eventually. If in the good times, the budget deficit needs a $10.6 E12 cap, how much do you think the recession will require? Think about the Bull in dollars: We just bailed out a bottomless pit (GSE's), Housing is in a death-spiral, not a bottom (use the part of the brain that still can do critical thinking, not the constant part) and the whole banking system is being propped up by playing cards. The dollar is on life support and people are bullish? Based on what? The rest of the world knows our debt will never be paid unless they lend us the money to pay them. I think they're on to us... Reply
  • commenter
    Aug 16 01:24 PM
    My Website
    Sears Faces Risk If Economy Doesn't Improve [view article]
    the reality of bankrupcy...here's some numbers...

    IF THE CONSUMER goes down...who is GONNA SHOP AT SEARS or most retailers for that matter...

    www.abiworld.org/AM/Te...

    flashrob
    Reply
  • commenter
    Aug 16 12:49 PM
    Bullish Dollar Rally - Fast Money Recap (8/15/08) [view article]
    Old Rob Ivanoff used to say at wallastoninvestments.c.../
    "You work on Wall Street, you don't invest there." Financial are going another leg down.
    Reply
  • commenter
    Aug 16 11:28 AM
    Bullish Dollar Rally - Fast Money Recap (8/15/08) [view article]
    I think you've got it Billy: Simple usually has th best chance of success.
    Politicians have no real interest in alternatives--"Wh... spend a lot of money on something that won't come to fruition while I'm in office and can be reelected on my credits for it??"

    The more complicated the formula gets as every divergent interest puts their variables in and deducts what they don't like the less chance it has of working at all.

    Simple things like T. Boons windmill freeing up X+Methane from a power plant to run your car and =X- imported oil is a perfect example.

    Drilling is a temporary return to past policy and at best will be the buffer we need to gain time for a transition to permanent alternatives.

    The last go around (1970's) we squandered the time --there will be no "easy" next time. We can do what has to be done or we can line up behind fools like Pelosi and suffer the consequences.
    Reply
  • commenter
    Aug 16 10:46 AM
    Bullish Dollar Rally - Fast Money Recap (8/15/08) [view article]
    I think the G8 group which met a month or so ago decided to all support the dollar and they are all doing it. The Europeans wanted a weaked Eurodollar for trade reasons and they got it. I think when the Chinese get past the Olympics and get vehicles on the road and factories running again and we start putting oil in the strategic reserve that oil will again go higher. It is sad to hear people say to not drill in Alaska and offshore USA. I know it is not an immediate help for oil prices, but it is sure stupid not to plan ahead for years down the road. It's to drill in California, Oklahoma, Texas, Louisiana, Mississipi etc, but NOT in Alaska, Be real. Most of you greenies have never even been there !!! Reply
  • commenter
    Aug 14 08:33 PM
    My Website
    Sears Faces Risk If Economy Doesn't Improve [view article]
    Sears is not where you want to look to invest. America rarely shops Sears. It will be difficult for them to profit. Reply
  • commenter
    Aug 12 06:31 PM
    Sears Faces Risk If Economy Doesn't Improve [view article]
    Sears will probably not go bankrupt, but it will trade much lower. The real estate is not worth anywhere near the optimistic values based on assumptions made at the real estate peak. Watch for some data points on pricing coming out of the Mervyn's bankruptcy. Cap rates are headed up and rent per square foot is not going up, particular for locations that show declining sales. Given that Sears is such a poor retailer, none of it's competitors who are the ultimate buyers or end users for the locations are going to step up and pay a premium. Target, Costco, et. al. are going to wait for the fire sale. There is no hurry to buy since few retailers are expanding. What mall REIT is going to pay up for a space that needs to be reformatted or substancial TI to be re-tenanted, to say nothing of the releasing risk? A few quarters more of poor operating performance and the short term financing well will dry up. Then comes the fire sale! What if ESL has some liquidations and needs to sell stock to raise cash, where do you think the price will go? I think you can figure out what position I have in this stock. When your longs go wrong sell! Reply
  • commenter
    Aug 12 12:38 PM
    Sears Faces Risk If Economy Doesn't Improve [view article]
    "He is probably on his yaht simping champage and eating cavier."

    Funny, but that's the essence of the problem here, isn't it? When your boy wonder has more money than god, what's going to motivate him to bust his butt to prove doubters wrong? You guys believing in his black box magic had better hope he's a guy with a massive ego, otherwise he'll do what any sensible billionaire will do and walk away to enjoy life in the Hamptons and let someone else sort it out...
    Reply
  • commenter
    Aug 11 03:16 PM
    Sears Faces Risk If Economy Doesn't Improve [view article]
    I worked for the great indoors - a sears holding store in Gaithersburg, Md. (DC metro area) for almost 2 yrs. I used to be a customer there also - when the store first opened in 2001 it was crisp, innovative and packed. It didn't scream sears/kmart like it does now. The managment turnover is unbelievable, most of the employees there (70%) don't speak english and are hired as part times to avoid any benefit liability. The moral there is very bad - 90% are unhappy, underpaid, overworked and disgruntled. Its an awful place to shop and work - I hope it SHUTS DOWN sooner than later!!!!!!! Reply
  • commenter
    Aug 11 01:01 PM
    My Website
    Sears Faces Risk If Economy Doesn't Improve [view article]
    A comment back to "notsurprised.&qu... Sears did this and does this because no one that has any sense wants the management jobs . All the good ones are retired or left when they acknowledged Sears had no idea on "God's green earth" what to do with itself!!!!
    I would love to know if Walmart has tried as many "bright ideas" as Sears has put forth. Sears has not yet made up its mind who should do the signing, address the dress code, etc. Folks outside of Sears would have no idea what goes on behind "those walls." We had a junior high school teacher work part time in the hub, (they are still not sure what to call their back office) and she said, "it was more stressful to work a few hours at Sears than to teach school all week." Folks when you walk in a Sears store, you have no idea what kind of stress those 6.15-7.00 an hour associates are under.
    In my 29 years, there were two managers that were tops!!!!!!
    Let me give you an idea of how crazy these mgr's can be. It snowed really bad and I was the only one to drive to work and the mgr. made me move my car off the lot where customers would normally park.. There were no customers that day. I am sure I went in due to payroll or something that had to be done to put my life at risk. He did not last long. The worse thing that I lived through with Sears was the fact they would post a job, lead folks to believe they really had a chance at it knowing all the time they
    were bs'ing everyone. Sears is the most unethical company and has managers that would stab their grandmother in the back to get ahead. NO ONE WAS INTERESTED IN THE BOTTOM LINE; JUST THEMSELVES. The wheels could not see it and would not listen.
    We all said, "what goes around, comes around," and we may just be beginning to see the "coming around."
    Reply
  • commenter
    Aug 10 03:30 PM
    Sears Faces Risk If Economy Doesn't Improve [view article]
    I have been at Sears for a number of years and I can see something in the making. Just not sure what it is. I think Sears decline is the result of so many getting promoted into management that are not qualified for the position. If you know the right person you can be promoted into management in less than 5 years such as was done in our store. And you can have a store manager with as little as 10 years experience. We have one of those, also. Sears use to pick and choose who they promoted and Sears prospered. Now it is who you know and not what you know. Sears has lost it's focus on customer service. Too much is expected of associates and not enough hours given to complete the work. And whatever you do don't expect management to help with the work because that is a thing of the past, also. Reply