Vacuum Cleaners Discussions

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.

Hello Vernon:

Hope the Canadian market downturn didn't affect you in the pocketbook.  My sense is there is more of the same to come in the months ahead.  Sadly but I think true.

Thanks for the kind words. 

Carmine D.

I thank you too.

Venson

GO GIANTS.........

MOLE

Then again Obama's campaign called us 3 times in 2 days for the Nevada caucus last week.  In fact one call came from the Virginia Obama campaigners who apparently tracked us down all the way in LV.  Go figure.   

Carmine D.

Again the worm can turn in some mighty grusome ways.

The most memorable thing I was ever taught about the workplace was to make yourself indispensable and that held me in good stead for a time.  You'd think that assessments of the value and knowledge those who have genuinely applied themselves to being good at what they do would increase with age and be acknowledged. (Weren't we constantly reminded to respect our elders?)  Now it seems to be the other way round.  Despite the fact that we all need to eat, age and experience weigh in as little in human resources departments when your past fifty with a resume in your hand.  It is has become commonly assumed that job seekers past fifty will not at all be happy working for less pay or benefits and will bolt for the next higher paying job that comes up.  That might be true if there were that many other jobs around to bolt to. 

Despite accumulated knowledge, expertise, etc., the young'uns who of course have to eat too are the hot item as they are assumed to be prepared to work more cheaply and put in longer hours and, I suppose, bear a brighter medical picture to company funded health plans. 

Well, what the heck, we've still got our good looks.  Right???

Venson

The Fed has its usually scheduled meeting on Jan 30.  Why didn't it wait to cut rates by a week?  [Panic?]Because the markets were in free fall on Tuesday morning and decisive and immediate action was needed by the Fed.  Did I mention its an election year?

Yes, there has been a "dead" cat bounce on the markets.  But Fed interest rate moves are done to stimulate and regulate the economy for the long term NOT the fluctuations in global markets in the short term.  

What does the Fed do now on Jan 30?  Another interest rate cut is seen by all.  Two in one week?  [Panic?]  If it doesn't.............then what?  And if it does............is it inflationary?  Stagflation.  What a combo.  Not good for home product sales like high priced big box vacuums.

Carmine D.

Don't want to get too far off the thread but have you heard anything about a plan to reduce foreclosures by dropping the size of mortgage payments?  Someone mentioned that to me in passing the other day and I want to be sure I heard right.  I am assuming, if there is such a thing, it would apply to home owners who were in dire straits and not able to make full monthly payments.  The bank's idea being, "Why foreclose and get nothing at all since real estate isn't moving anyway?

Thanks,

Venson

Hello Venson:

Here's some related info:

http://www.lvrj.com/opinion/14177627.html

http://www.lasvegassun.com/news/2008/jan/24/mortgage-crimes/

Carmine D.

Venson