Bob'29

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    • Tue Mar 25th 23:38 PM | Rating: 0 0
      Commented on:
      Pershing Square: Buying Up Borders
      Mr. Ackman, the mouse in the corner that was carefully listening to the restructuring discussion reported back. As we anticipated and from reading above referenced documents; Borders music business is in need of some creative input. Here it is. My father supported our family with a busy music store which started in the 1940's. It saw the progression from sheet music to 78 rpm, to 33 rpm mono then stereo records. There were listening booths where a customer could take their long playing 33 rpm record, close the door, place it on the turntable and listen to hearts content. Most of the time it would result in a sale. One of the reasons cd's have gone flat in sales (besides iTunes) is that there is really no equivalent to the listening booth. How many times have you purchased a cd and really not liked it? It sits on your music rack lonely and unlistened. Apple could hybridize the iTunes world with the Borders world. Here's the plan: With the purchase of every iPod the buyer would receive six months of free weekly down loads, of say 12 songs or one jazz or classical work per week. The customer would come to Borders where they may or may not have purchased their iPod, to listen to the music that would potentially be downloaded. Many comfortable chairs and quality headphones await. While there, they might buy other music from iTunes, maybe a cd, book or just have coffee and meet friends. This plan would expand Apple's horizons to the 97% of Americans that don't yet have an iPod, increase music sales at Borders while using prime space that is currently languishing and create all important foot traffic in the stores. Borders has now created an incentive to counter the Amazon trend. It gives valued customer service, creates community and of course revenue for Apple and Borders. I'm sure Mr. Jobs and Mr. Ackman can work out the details of the merger.
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    • Tue Mar 25th 16:12 PM | Rating: 0 0
      Commented on:
      Pershing Square: Buying Up Borders
      I saw (somewhere yesterday) that Borders shares would still be reasonably valued at $26. per share. If Pershing picks up the store at half of this; it is double the share price today. Shareholders would do well to avoid a panic sell and hold on untill Borders intrinsic, current and future value reflects in its sale price. The Price to Book Ratio is now drastically discounted so to speak.
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    • Sun Mar 23rd 23:29 PM | Rating: 0 0
      Commented on:
      Pershing Square: Buying Up Borders
      In looking at the different components of a Border's store, I see: 1. Books, magazines and papers 2. Coffee, beverages and nicely done cakes with a great place to sit and read, and, 3. CD's which take up about a third of a store's floor space. I would guess that the CD aspect of Border's is an area that might be slowing to a greater degree than the rest of the business as time progresses. I would like to be a mouse in the corner as the negotiations of Border's restructuring takes place. Wouldn't it be great to see the nations biggest music seller, Apple, contract space at every Border's for music sales? Imagine: With every music purchase a customer makes, she or he gets a free ipod. This is another way to frame Apple's strategy to give unlimited music for a premium with the purchase of an ipod. Mr. Jobs goes to Border's! How about it Steve?
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    • Sun Mar 23rd 15:41 PM | Rating: 0 0
      Commented on:
      Burst Bubble? Commodities' Long-Term Story Remains Intact
      NOTE FROM SA EDITORS: This comment has been removed at the commenter's request.
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