Joined: 07 Jul 2003
Posts: 1037
Location: Formerly 3333
| Posted: Wed Jul 30, 2003 12:45 am Post subject: STOCK CLOSES NEAR $41.50 | |
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In March, our stock bottomed at $18/share. Today it flirted with 42 before closing around $41.50.
Realstuff was asking for something good? How about our stock price back up over $40 a share? Even the most negative of you must like the path our stock is taking...... although I'm sure you will do your best to find fault. "FootBot" |
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Joined: 04 Jul 2003
Posts: 1337
Location: The Collective
| Posted: Wed Jul 30, 2003 12:50 am Post subject: | |
| Hey I just got my 401k statement and I actually had a positive return of 16%!!! First time in almost 6 quarters! Admittedly I am in S&P 500.....but I am all for Sears stock going up for any reason! | |
Joined: 04 Jul 2003
Posts: 72
Location: Ohio
| Posted: Wed Jul 30, 2003 2:29 am Post subject: | |||
Congrats BG, Mine shows a 33.80% gain during this statement period. (97% is Sears Stock !) So needless to say, I'm happy as a pig in excrement ! 
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Joined: 04 Jul 2003
Posts: 830
| Posted: Wed Jul 30, 2003 2:33 am Post subject: | |
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It is nice to have good news.
CS 
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Joined: 04 Jul 2003
Posts: 933
Location: roaming...
| Posted: Wed Jul 30, 2003 2:39 am Post subject: Re: STOCK CLOSES NEAR $41.50 | |||
Actually no. I'm really happy for all of you. I just can't understand why Sears Canada stock is heading the opposite way currently. Very strange. |
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Joined: 04 Jul 2003
Posts: 1337
Location: The Collective
| Posted: Wed Jul 30, 2003 2:39 am Post subject: | |||||
Smarty Pants!!!! 
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Joined: 07 Jul 2003
Posts: 1037
Location: Formerly 3333
| Posted: Wed Jul 30, 2003 2:41 am Post subject: | |
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If my memory serves, did I not read that Sears Canada posted poor earnings in the 2nd quarter? That doesn't help things.
Kanaka.... please correct me if I'm wrong. Sheesh..... now why would I say that. You don't need me to tell you to do that do I? 
"Footmeister" |
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Joined: 04 Jul 2003
Posts: 933
Location: roaming...
| Posted: Wed Jul 30, 2003 2:45 am Post subject: | |
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Memory, she no serve no more, Footsoldier :D
Sears Profit Rises, Outlook Scaled Back I guess it's because of the dismal outlook, not the current state, Footsoldier.
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Joined: 07 Jul 2003
Posts: 1037
Location: Formerly 3333
| Posted: Wed Jul 30, 2003 2:48 am Post subject: | |
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Was that for Sears Roebuck & Company or just the Sears Canada portion? I thought I read some sour earnings news about Canada.
Sounds like I might have been mistaken. Damn!!!! First time this year. 
"Footie" |
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Joined: 04 Jul 2003
Posts: 933
Location: roaming...
| Posted: Wed Jul 30, 2003 2:52 am Post subject: | |
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Damn! Can't sneak anything by you. :P
Sears Canada releases second quarter results There! Happy now! 
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Joined: 07 Jul 2003
Posts: 1037
Location: Formerly 3333
| Posted: Wed Jul 30, 2003 3:07 am Post subject: | |
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Guess my streak is intact afterall.
"Footie"
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Joined: 04 Jul 2003
Posts: 34
| Posted: Wed Jul 30, 2003 3:39 am Post subject: | |
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I was just wondering. What is the higest sears stock has been at? A coworker said that almost every July it reaches 42.00 then dips again.
Are any of you selling your stock or just going to keep it to see if it will go sky high and split? |
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Joined: 04 Jul 2003
Posts: 72
Location: Ohio
| Posted: Wed Jul 30, 2003 3:51 am Post subject: | |||
It has been in the low 60's a few years ago. And yes, I will keep it as long as I am employed with Sears. 
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Joined: 04 Jul 2003
Posts: 260
| Posted: Wed Jul 30, 2003 3:57 am Post subject: | |
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stock price is good news....investors like what they see.
It's our job to keep the sales coming, that's what drives this engine now.... Should I mention attitude? realstuff. |
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Joined: 04 Jul 2003
Posts: 477
| Posted: Wed Jul 30, 2003 8:49 am Post subject: | |
| I appluad sears stock going up. But the question is, how long can it remain in the 40 plus range. We are currently making more short term moves like selling credit, which is inflating our revenues a bit because a selling of our credit department would be considered more as other revenues (revenues that you would not count on as a day to day basis for those of you that dont know). The reality though is that we are still the number 5 retailer. Under our current ceo, we have (correct me if i am wrong) only have falled father down the retail list (number 3to number 4 then 5 you get the picture). I hope that this selling of credit helps sears but i am afraid that long term it could be a bad choice for them. I really and honestly believe that they should have revamped their credit department. Closed some accounts that are considered (higher than usual credit risks) and lowered the intrest rates to be more competitive to other credit card companies. I believe sears is in desperation mode by selling credit. It will be interesting to see two things. What sears stock closes at the end of the 4th quarter (should be pretty decent due to sell of credit) and compare that to next years end of the year results (since they have no credit company around). They would really need to nearly double the revenues from in store sales. To do that you would need stock constantly in supply and delievery all straightened out. Oh let me not mention good selling associates that seem to dwindle as the years have gone by since there salaries have shrunk over the years. | |
Joined: 07 Jul 2003
Posts: 1037
Location: Formerly 3333
| Posted: Wed Jul 30, 2003 11:51 am Post subject: | |
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Back in the early 70's out stock sold for in excess of $100/share and went through stock splits, etc . I believe the last one took place in 1975 and the stock price went to the $50 range. We've not seen anything close to $100 since.
If memory serves correctly, we hit an all time low in the very late 70's or early 80's. Our stock dipped to the $15 range and has fluctuated ever since. During my time at Sears I've witnessed it as low as $15 and as high as $65. Man... I sound OLD when I talk like that.  LOL
"Grandpa Footie" |
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