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  • Heated competition in the global airline market [View news story]

    "What we have now is the direct results of what is called competition or what I call a race to the bottom!"

    Deregulation was designed to increase competition in the airline industry. It did just that for a short time. You could right a book about the events that occurred after deregulation. In fact there are books about just that. It became very complicated. The government deregulated but they didn't really get out of the way. The regulations favored the new start up carriers and tied the hands of the legacy carriers of the time. Like I said you could write a book about it. Long story short there are less major carriers competing today then there were when deregulation was instituted. Carriers that were in business before deregulation such as Eastern, TWA, Pan Am ,Republic, Braniff, Piedmont, just to name a few are either gone or have been swallowed up by other carriers. We now have United/Continental, Delta/Northwest and American/USAir all merged into just three major carriers. This is far less then were operating before deregulation. I'm not saying that deregulation was a bad idea. I just don't believe the outcome is what was intended.
    Apr 29, 2015. 10:22 AM | Likes Like |Link to Comment
  • Is Halliburton Stock Worth Considering Right Now? [View article]
    What do you think the chances are the DOJ will throw a wrench in the works by not allowing the Baker Hughes merger. They seem to have a habit of doing that the last week. Looking at Comcast and Applied Materials. What would the effect be on Halliburton were that to happen.
    Apr 27, 2015. 03:07 PM | Likes Like |Link to Comment
  • Heated competition in the global airline market [View news story]
    I would agree with all of that except the poorly paid employees. The airline employees under regulation were very well paid. De-regulation brought fairs down dramatically. Airlines actually had to compete in an open market.
    Apr 27, 2015. 12:53 PM | 2 Likes Like |Link to Comment
  • American Airlines CEO goes to all-stock compensation [View news story]
    Appreciate and agree with your thoughts.
    Apr 24, 2015. 05:57 PM | Likes Like |Link to Comment
  • American Airlines CEO goes to all-stock compensation [View news story]
    @Mike & rik

    Its funny that this post relating to something that Doug Parker has done has turned into a debate about changing jobs. I actually agree with both of you to a degree. In most cases you would be right. The airline industry has been a completely different animal. First I would like to state that I do not work for American and I have never worked for Doug Parker. I am not trying to blow off steam. I am only trying to throw some light on a very complex industry. I have however been involved with the airline industry (non-union) for over 40 years. I have met with many of the current and former airline management and CEO's. The employees of the airline industry who have been treated very unfairly were mostly older employees who had been with their companies for many years. Most of them did not have the option of moving on. For instance where does a 50 year old pilot move on too or a mechanic etc. The airline industry is entirely seniority based. If you move to another airline you are starting all over again at the bottom. My point is it is not that easy to move on in this business. The truth is many of these people gave up tremendous pay and benefit cuts to try to keep these airlines operating. This is also true. The same CEO's who ran these companies into the ground have benefited tremendously from their bankruptcy. A good example is the American and USAir merger. The CEO of American Tom Horton and Doug Parker both benefited monetarily from the bankruptcy of American airlines. The employees however were once again trounced. If you look at the top management of the airlines over the past 30 years you will see the same names. They just move from one airline to the next. They are much like head coaches in the NFL. When you screw up at one team another will pick you up. In all honesty there is only one airline CEO that I have met with in the past 40+ years that I can say I had tremendous respect for and that was Robert Crandall. A former American airlines president and CEO. Mr. Crandall was very controversial and some didn't like him. The thing that made Robert Crandall different is he was always honest with you. I understand that things are the way they are and we are all entitled to our opinions. Personally I believe that character matters.
    Apr 24, 2015. 03:20 PM | 2 Likes Like |Link to Comment
  • American Airlines CEO goes to all-stock compensation [View news story]

    I'm not sure why you suggest I am blowing off steam. I'm just stating the facts about Doug Parker. I know that Parker was not the CEO of American when they filed bankruptcy. He wasn't the CEO of USAir when they filed either. He did however merge America West with USAir shortly after they filed. Do you really think Parker would have merged with American before they filed? I distinctly remember Parker bad mouthing American Airlines management about how much red ink American was bleeding before the bankruptcy. This may well have been true. The part that was left out by Parker was that American was trying to compete with airlines like Parkers who had already filed bankruptcy. It is easy to attack other airline management when you are running a company which has already defaulted on their debt, thrown out their pensions and eliminated their healthcare plans. If you want to believe that Parker is doing this for any other reason then tax purposes that is up to you.
    Apr 23, 2015. 03:30 PM | 1 Like Like |Link to Comment
  • American Airlines CEO goes to all-stock compensation [View news story]

    Its a no brainer but it looks and sounds good.. Irrespective of AAL being a good or bad investment I just love CEO'S who file bankruptcy, throw out their debt, screw their employees and then pat themselves on the back about how they turned the company around.
    Apr 23, 2015. 01:36 PM | 2 Likes Like |Link to Comment
  • Cree promises 30% performance gain with new LED lighting modules [View news story]

    I'm glad that Cree was displayed well in your Home Depot. Its not like that in all of them. As far as the electricity provider discount, you can find that same discount on other brands of LED bulbs as well. I have tried to purchase the Cree T8 LED tubes at the Home Depots near me. Of the six in my area none of them carry the bulbs. The fact that they don't carry them prevents me from ordering the bulbs and having them shipped to the store. I have a real problem with the fact that I can walk into a Lowe's and purchase almost any brand LED bulb except a Cree. If Cree cannot even supply one retailer I also find that to be a problem. I believe Cree produces the best quality LED bulbs on the market. I will actually drive out of my way to purchase them. However I don't believe that your average consumer knows the difference between one LED bulb and the other. Cree in my opinion must expand their distribution beyond Home Depot. The margins on LED bulbs is getting smaller and the only way to offset that is to increase sales volume. That will not happen if Home Depot is their only retailer.
    Apr 21, 2015. 09:45 AM | Likes Like |Link to Comment
  • Bank Of America Q1 2015 Earnings: Disappointment All Around [View article]
    Don't beat yourself up. This happens to everyone. We all buy stocks that go the wrong way. Before you buy your next stock know what your out will be should it drop and stick to it. If you lose all your money you will be out permanently. Hang in there.
    Apr 15, 2015. 01:32 PM | 2 Likes Like |Link to Comment
  • Cree promises 30% performance gain with new LED lighting modules [View news story]
    I have owned Cree stock in the past but I am currently out of it. Although I agree with all that you say about Cree I have a huge problem with there Home Depot deal. They have limited their distribution to one retailer at a time when margins on LED bulbs is rapidly deteriorating. Home Depot is doing them no favors. They are not prominently displayed over any other brand. Cree needs to expand their distribution and increase their sales. Until they do this I will be on the side lines. Good luck.
    Apr 14, 2015. 11:48 AM | 1 Like Like |Link to Comment
  • Garmin drops to new 52-week lows on Goldman downgrade [View news story]
    Goldman downgrades Garmin today April 2, 2015

    Citing competition, forex concerns, questions about the sustainability of Fitness division growth (+70% Y/Y in Q4), and the threat posed by Apple Watch, Goldman has cut Garmin (GRMN -1.3%) to Neutral, and lowered its target by $9 to $54.

    Goldman take on March 22, 2015

    Another research firm, Goldman Sachs, maintained their buy/attractive stance on March 22nd, with a target price of $63, which translates into an upside of 28.39%.

    What information is available today, 10 days later, that was not known 10 days ago?
    Apr 2, 2015. 12:45 PM | 1 Like Like |Link to Comment
  • Zacks' Bear Of The Day: Ford [View article]
    They can however make an ignition switch.
    Nov 9, 2014. 08:13 PM | 3 Likes Like |Link to Comment
  • Zacks' Bear Of The Day: Ford [View article]
    This is what Zacks does. They call the sell at or very near the bottom. They are the worst of the worst. I am not saying that Ford is a buy or sell at this point but it takes no talent to call a sell after a stock has fallen near 52 week lows. Is that beneficial to investors? A monkey could do that and it would more then likely be the wrong call.
    Nov 7, 2014. 02:34 PM | 10 Likes Like |Link to Comment
  • Allied Nevada Is Crashing, Investors Should Continue To Avoid The Stock [View article]
    Check out this video of the Santelli report from Oct. 23. He speaks on this same referendum. If you don't want to watch it all the part on the referendum is 1:13 into the video.
    Nov 3, 2014. 09:12 AM | Likes Like |Link to Comment
  • Allied Nevada Is Crashing, Investors Should Continue To Avoid The Stock [View article]
    Good article. Monday should be interesting. At this price its like buying an option. Just depends on your risk tolerance.
    Oct 31, 2014. 05:22 PM | Likes Like |Link to Comment