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Old 02-09-2009, 10:31 AM
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Default 15 Companies That Should Not Survive 2009

In the article, it shows indicators for various companies cosisting of very low stock prices as they are now, the lack of operating income and/or loans, and their competition that have more of the market share pie. Too many companies are too deep in the red and won't be able to make it, plain and simple. I expect these companies assets to be divested and sold in pieces. Here's the newest list.

15 Companies That Might Not Survive 2009 - Yahoo! Finance
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Old 02-09-2009, 10:43 AM
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Ouch! Hard times a commin'.
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Old 02-09-2009, 11:14 AM
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I saw the list and expect at least half will go under as they are specialized in 'non-necessity' items. I would expect a larger number of boutique/niche type shops will drop as well. Unfortunately unless you are excellent in goods/services in a specialty market, these are extremely tough times. The bigger companies that have many avenues to depend on may be the survivors.
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Old 02-09-2009, 11:23 AM
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Fortunoff just declared bankruptcy as well.
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Old 02-09-2009, 11:23 AM
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Cannot really argue with the list. I think Bearing Point are already on life-support so i suspect they could be the first to go.

I also think we will see industry consolidation similar to what we have seen in financial services as stronger players snap up their weaker competitors. Look for that to happen in semi-conductors and in technology.
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Old 02-09-2009, 11:53 AM
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The Blockbuster in my little town closed without notice last month. We went to drop off some movies and they were closed for good.
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Old 02-09-2009, 11:56 AM
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Originally Posted by Inthesierras View Post
The Blockbuster in my little town closed without notice last month. We went to drop off some movies and they were closed for good.
Well don't leave us hanging...
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Old 02-09-2009, 12:33 PM
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Yeah, seriously. What happened to the movies you had to drop off? What does one DO in a situation like that?
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Old 02-09-2009, 12:58 PM
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You could probably add United and US Airways to that list.
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Old 02-09-2009, 08:58 PM
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According to the recent issue of Entrepreneur magazine, this is the best time to open up a business, especially a small business or a franchise. The article is about what those who've been laid off can do to work 2009 and beyond to their advantage fiscally. The message is to invest, invest and invest in a business. Take a look at the recent issue featured on the website: LINK

Interesting how opposed the two messages are...what we are getting through news reports and what we are getting in the business world through magazines, books and various forms of business consultation.
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