Vacuum Cleaners Discussions |
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Big Hit on the US/World Markets
Original Message Jan 21, 2008 2:11 pm |
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Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever. This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone. Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed. Not sure what impact the London market fall will have on the US markets--have to wait to see. What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue? Any news yet on the 2007 dyson sales? Carmine D.
This message was modified Jun 27, 2008 by CarmineD
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #149 May 7, 2008 1:24 pm |
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While most of you feel it is the unique Dyson Engineering that has attracted customers I strongly disagree. It is the first rate and quality Graphic Design and Marketing that is responsible for most of the Dyson success. Of course most people never realize how they have been manipulated or led (choose your word preference) into buying a Dyson or any other well marketed product. Lucky1: You must have seen the latest dyson brochure proclaiming the Asthma friendly certification. 2 pages of pics and narrative with scientists and engineers in white lab coats looking very serious and intent in their daily chores. HAve to hand it to Mr. Dyson very impressive sales work. Carmine D.
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Big Hit on the London Markets
Reply #151 May 7, 2008 3:56 pm |
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DIB: I don't know if you have followed the bankruptcy proceedings of Lionel, a 108 year old company famous for hobby/model trains. In 2004 a federal jury ordered that Lionel pay a rival train maker [MTH] for trade secrets dispute of $39 million. Mr. Calabrese, the new CEO of a few months, filed for Chapter 11 knowing the payout could not be made by lionel He led lionel thru the restructuring. An appeals court overturned the decision by the jury and the amount. Ordered a new trial. Lionel and MTH recently settled out of court for an undisclosed amount and Lionel emerged from bankruptcy. 3 1/2 years later. Calabrese is a former Marvel Comics Exec, and under his tutalege Lionel has fared well with record breaking profits that are the best for the company in decades. BTW, up until recently LNT had one of the best array of vacuum brands for sale and the best vacuum advertising supplements. Always featuring dyson as its top seller with the infamous 20 percent off MSRP. These sales advertisements appeared semiannually and I trust will be collector items in the future. Carmine D.
Hi Carmine,
Yeah I know, I reported it further up this thread. - JUST KIDDIN  Very interesting stuff indeed! I'm a little under the weather today, I'd like to talk/comment on this later. DIB
This message was modified May 7, 2008 by DysonInventsBig
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #152 May 8, 2008 6:48 am |
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DIB: Sorry to hear you're not feeling yourself. Does it have anything to do with the failure of dyson DC24/25 to launch on HSN? Now, I'm kidding. Carmine D. |
DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Big Hit on the London Markets
Reply #153 May 8, 2008 10:24 am |
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DIB: Sorry to hear you're not feeling yourself. Does it have anything to do with the failure of dyson DC24/25 to launch on HSN? Now, I'm kidding. Carmine D. Carmine: Thanks and yes! - Dyson’s “Failure to Launch” and/or failure to inform the public FULLY of the attributes of its new products (past product/s too) is certainly cause for ill. DIB
This message was modified May 8, 2008 by DysonInventsBig
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #154 May 8, 2008 12:15 pm |
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Carmine: Thanks and yes! - Dyson’s “Failure to Launch” and/or failure to inform the public FULLY of the attributes of its new products (past product/s too) is certainly cause for ill. DIB
DIB:
We'll have to expect some belt tightening and cutting back at dyson. Why? Because Mr. Dyson withdrew $289 Million US from the company. That's an unusually exorbitant amount to withdraw at one time. I don't accept the reasons provided: To save 8 percent in CGT; Have R&D money; and have cash flow for the new dyson school? The latter is estimated at $25 Million. For that much money in the UK, dyson can build a world class University. These are high schoolers not PHD-s [yet]. R&D money is better served on the company books so the costs and expenses can be amortized over time/deducted from revenue. If used for R&D, the CGT is a moot point. The money isn't taxed because its funneled back into legitimate business expenses which eliminate the increase hit of the capital gains tax. I hear the words of Mole in distance: Wait. Yes. "The party's over." Carmine D.
This message was modified May 8, 2008 by CarmineD
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M00seUK
Joined: Aug 18, 2007
Points: 295
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Re: Big Hit on the London Markets
Reply #155 May 8, 2008 3:16 pm |
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #156 May 8, 2008 3:38 pm |
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You need to correct your figures, old chap. The Dyson school is £56m GBP. ($109m USD)
Hello M00seUK:
Good golly old Miss Molly. $109 Million US!! Thanks for the update. Carmine D.
This message was modified May 8, 2008 by CarmineD
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Big Hit on the London Markets
Reply #157 May 8, 2008 5:12 pm |
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DIB: We'll have to expect some belt tightening and cutting back at dyson. Why? Because Mr. Dyson withdrew $289 Million US from the company. That's an unusually exorbitant amount to withdraw at one time. I don't accept the reasons provided: To save 8 percent in CGT; Have R&D money; and have cash flow for the new dyson school? The latter is estimated at $25 Million. For that much money in the UK, dyson can build a world class University. These are high schoolers not PHD-s [yet]. R&D money is better served on the company books so the costs and expenses can be amortized over time/deducted from revenue. If used for R&D, the CGT is a moot point. The money isn't taxed because its funneled back into legitimate business expenses which eliminate the increase hit of the capital gains tax. I hear the words of Mole in distance: Wait. Yes. "The party's over." Carmine D. The party's over? DIB
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