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#21
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posted to rec.boats
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![]() "Larry" wrote in message ... "Eisboch" wrote in : Fortunately, that conspiracy theory is so full of holes you could use it as a screen door. The price of gold has fixed the value of money since way before printing of useless paper script. Our money is WORTHLESS, more worthless every week. One only has to look at PRICES to see what's going on.... It's called DEVALUATION and has been used for thousands of years to cheat the masses out of their labor, their property, their lives. Before gold it was salt. Eisboch |
#22
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posted to rec.boats
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D.Duck wrote:
"Eisboch" wrote in message news ![]() Having a small company that is involved in large, capital equipment type contracts has certain advantages. One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. If this continues, and past history says it will, 2008 will be a very busy year. I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch Yeah right. "ALL" the talk in an election year will be about the robust US economy, particularly in this venue. :-) I sure hope your favorite leading indicator is right on track again this time. Enough is enough. House sales up in November! If you are so inclined it is time to go rental property shopping. |
#23
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posted to rec.boats
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HK wrote:
Eisboch wrote: I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch In the face of another half million American families losing their homes, the creation of mostly "McJob" jobs, a few million more Americans without health insurance, slumping retail sales, and a few more cuts in the prime rate that have no impact? Are you pimping for a job in the remains of the Bush Administration? :} Weren't you bitching about the stringent mortgage lending rules and American families not being able to cash in on the housing appreciation boom? If you can't afford to buy it then leave it on the shelf. |
#24
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posted to rec.boats
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Eisboch wrote:
"Larry" wrote in message ... "Eisboch" wrote in : Fortunately, that conspiracy theory is so full of holes you could use it as a screen door. The price of gold has fixed the value of money since way before printing of useless paper script. Our money is WORTHLESS, more worthless every week. One only has to look at PRICES to see what's going on.... It's called DEVALUATION and has been used for thousands of years to cheat the masses out of their labor, their property, their lives. Before gold it was salt. Eisboch I thought poontang came just after salt? |
#25
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posted to rec.boats
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#26
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posted to rec.boats
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On Jan 1, 4:31�am, "Eisboch" wrote:
Having a small company that is involved in large, capital equipment type contracts has certain advantages. �One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. �The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. �In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. �If this continues, and past history says it will, 2008 will be a very busy year. �I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch Well let's hope so. Boat sales in the Pacific NW, measured in units, were off 17% 3Q07 vs. 3Q06. The Marine Trade association tired to put a bright spin on the numbers, noting that the dollar volume of the sales was actually 1% higher than last year. The dollar volume is less meaningful, as boats that sell for more money also cost more money, and a 17% dip in volume is going to wipe out a lot more gross profit than a 1% increase in total sales dollars will restore. The higher total dollar volume coupled with the 17% dip in unit sales reflects the fact that Wally Lunchbucket is a lot more woried about his job, his budget, the cost of fuel, and so forth than is Daddy Warbucks. I sense very little slowdown in the $500k and up market (not that it's ever a beehive of activity).......but a lot of the small, trailer boat guys selling new boats for under $100k are singing the blues. Let's see what happens this spring. The economy is cyclical, regardless of which political party is in power. Every so often it slows down, and all the marginal operators who are so inefficient that they are barely making it when things are booming get weeded out by reality. That's probably a good thing in the long run. I do pity the poor FED. What a quandry. So much of the stuff we buy to day is imported that low interest rates *really* fuel inflation. Not only do people borrow for more consumer spending, but the low rates depress the US dollar on the exchanges and as a result the prices for almost everything go up. Raise the rates to shore up the dollar, and while prices will not be driven up as quickly by a weak foreign exchange our less-than-robust economy can hardly afford a slow down in consumer spending due to higher monthly payments. |
#27
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posted to rec.boats
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![]() "Eisboch" wrote in message news ![]() Having a small company that is involved in large, capital equipment type contracts has certain advantages. One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. If this continues, and past history says it will, 2008 will be a very busy year. I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch I hope you're right but I doubt it. The housing market is up to its eyeballs in forclosures with more to come and credit card debt is at an all time high. I've worked for the same company for 23 years (printing/machining ) and watched our industry dwindle slowly since the early 90's. Things have sucked pretty bad for the last 2 years and its a miricle we're still here. Unfortunately, the writing is on the wall as we have enough money left for about 1 more pay period. Too bad its not boating season as it looks like I might have some free time on my hands coming up. Don |
#28
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posted to rec.boats
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On Tue, 1 Jan 2008 22:59:52 -0800 (PST), Chuck Gould
wrote: On Jan 1, 4:31?am, "Eisboch" wrote: Having a small company that is involved in large, capital equipment type contracts has certain advantages. ?One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. ?The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. ?In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. ?If this continues, and past history says it will, 2008 will be a very busy year. ?I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch Well let's hope so. Boat sales in the Pacific NW, measured in units, were off 17% 3Q07 vs. 3Q06. The Marine Trade association tired to put a bright spin on the numbers, noting that the dollar volume of the sales was actually 1% higher than last year. The dollar volume is less meaningful, as boats that sell for more money also cost more money, and a 17% dip in volume is going to wipe out a lot more gross profit than a 1% increase in total sales dollars will restore. The higher total dollar volume coupled with the 17% dip in unit sales reflects the fact that Wally Lunchbucket is a lot more woried about his job, his budget, the cost of fuel, and so forth than is Daddy Warbucks. I sense very little slowdown in the $500k and up market (not that it's ever a beehive of activity).......but a lot of the small, trailer boat guys selling new boats for under $100k are singing the blues. Let's see what happens this spring. The economy is cyclical, regardless of which political party is in power. Every so often it slows down, and all the marginal operators who are so inefficient that they are barely making it when things are booming get weeded out by reality. That's probably a good thing in the long run. I do pity the poor FED. What a quandry. So much of the stuff we buy to day is imported that low interest rates *really* fuel inflation. Not only do people borrow for more consumer spending, but the low rates depress the US dollar on the exchanges and as a result the prices for almost everything go up. Raise the rates to shore up the dollar, and while prices will not be driven up as quickly by a weak foreign exchange our less-than-robust economy can hardly afford a slow down in consumer spending due to higher monthly payments. What do you think increasing taxes will do to our 'less than robust' economy, Chuck? -- JohnH "Opa of 6" |
#29
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posted to rec.boats
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![]() Eisboch wrote: "HK" wrote in message ... Eisboch wrote: I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch In the face of another half million American families losing their homes, the creation of mostly "McJob" jobs, a few million more Americans without health insurance, slumping retail sales, and a few more cuts in the prime rate that have no impact? Are you pimping for a job in the remains of the Bush Administration? :} Heh. Hardly. Just reporting a promising trend amidst all the doom and gloom we get saturated with everyday. Eisboch Well, I've said this before, that if Ebay is any kind of an economic barometer, I've noticed that "used" boats are selling higher than the same compatable crafts did a couple years ago. This winter which is usually seems to be a buyers market. Boats are tending to sell for better than in the spring time when people are boat hungry with tax refund checks in hand. |
#30
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posted to rec.boats
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On Jan 2, 11:39*am, John H. wrote:
On Tue, 1 Jan 2008 22:59:52 -0800 (PST), Chuck Gould wrote: On Jan 1, 4:31?am, "Eisboch" wrote: Having a small company that is involved in large, capital equipment type contracts has certain advantages. ?One of them, that I noticed years ago, is that the level of new orders almost always reflects an accurate prediction of which way the general economy was heading, usually about 6 months before it became a current topic of discussion in the media. Last year my former company (now my oldest son's) had a tough year with a major slowdown in new order activity and, in some cases, cancellation or postponement of planned orders by several customers. ?The situation was not unique to the company as many others involved in similar, high cost capital equipment businesses experienced the same slowdown. This has all changed. ?In the past 30 days the company has received over $6M in new contracts and the quoting activity for more has picked up substantially. ?If this continues, and past history says it will, 2008 will be a very busy year. ?I'll betcha that by May or June all the talk will be about how robust the US economy is. Eisboch Well let's hope so. Boat sales in the Pacific NW, measured in units, were off 17% 3Q07 vs. 3Q06. The Marine Trade association tired to put a bright spin on the numbers, noting that the dollar volume of the sales was actually 1% higher than last year. The dollar volume is less meaningful, as boats that sell for more money also cost more money, and a 17% dip in volume is going to wipe out a lot more gross profit than a 1% increase in total sales dollars will restore. The higher total dollar volume coupled with the 17% dip in unit sales reflects the fact that Wally Lunchbucket is a lot more woried about his job, his budget, the cost of fuel, and so forth than is Daddy Warbucks. I sense very little slowdown in the $500k and up market (not that it's ever a beehive of activity).......but a lot of the small, trailer boat guys selling new boats for under $100k are singing the blues. Let's see what happens this spring. The economy is cyclical, regardless of which political party is in power. Every so often it slows down, and all the marginal operators who are so inefficient that they are barely making it when things are booming get weeded out by reality. That's probably a good thing in the long run. I do pity the poor FED. What a quandry. So much of the stuff we buy to day is imported that low interest rates *really* fuel inflation. Not only do people borrow for more consumer spending, but the low rates depress the US dollar on the exchanges and as a result the prices for almost everything go up. Raise the rates to shore up the dollar, and while prices will not be driven up as quickly by a weak foreign exchange our less-than-robust economy can hardly afford a slow down in consumer spending due to higher monthly payments. What do you think increasing taxes will do to our 'less than robust' economy, Chuck? -- * JohnH "Opa of 6"- Hide quoted text - - Show quoted text - Pay for Bush's Iraq folly. |
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