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Default Looks like West Marine isn't doing very well.

"Canuck57" wrote in message
...
On 21/03/2010 11:29 AM, nom=de=plume wrote:
wrote in message
...
On 20/03/2010 9:44 PM, Tim wrote:
12.8 mil. loss this quarter...


http://www.businessweek.com/ap/finan.../D9EFUUH80.htm

Obama isn't going to bail them out, unless a buddy owns them.

Good move reducing the debt as they can scale down the business to fit
the
new times. If they couldn't reduce debt, they might as well have closed
the doors. Which I am sure many in this sector have. Because recover
is
a Obama wet dream, this recessions losses will have a permanent long
term
impact on the boating industry.

Bet there will not be as many on the water this summer.



I forgot... all of the economic problems in the US are a result of
Obama's
policies! Thanks for reminding me.


I will be watching the market reaction this Monday. Thank you for the
reminder, want to make sure my stop losses are in and some real low skunk
bids are in.

--
Politicians don't provide anything, the tax payers do.



Yes, you should go hide under the bed. Don't come out until the telephone
rings three times, hangs up, rings twice more and hangs up. Then, you can
answer it and come out.

--
Nom=de=Plume


 
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