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http://www.bloomberg.com/apps/news?p...CKw&refer=home


hey newbies (ie soundaspriority)
good place to get a job
no real experience needed

[Andy Eng]

On Jun 27, 10:48 am, wrote:
http://www.bloomberg.com/apps/news?p...xamFg1CKw&refe...



hey newbies (ie soundaspriority)
good place to get a job
no real experience needed

Fourth paragraph:

``They are the market leader in the musical instruments business,''
said Joan Storms, an analyst at Wedbush Morgan Securities in Los
Angeles who rates the shares ``hold.'' ``They put mom-and-pops out of
business when they come into town.''

Quite flattering...

[Ron Capik]

Andy Eng wrote:

On Jun 27, 10:48 am, wrote:
http://www.bloomberg.com/apps/news?p...xamFg1CKw&refe...



hey newbies (ie soundaspriority)
good place to get a job
no real experience needed

Fourth paragraph:

``They are the market leader in the musical instruments business,''
said Joan Storms, an analyst at Wedbush Morgan Securities in Los
Angeles who rates the shares ``hold.'' ``They put mom-and-pops out of
business when they come into town.''

Quite flattering...

GC ...the Wallmart of the "musical instruments business."


Later...

Ron Capik cynic in training
--

[Chris Whealy]

Andy Eng wrote:
On Jun 27, 10:48 am, wrote:

http://www.bloomberg.com/apps/news?p...xamFg1CKw&refe...



hey newbies (ie soundaspriority)
good place to get a job
no real experience needed


Fourth paragraph:

``They are the market leader in the musical instruments business,''
said Joan Storms, an analyst at Wedbush Morgan Securities in Los
Angeles who rates the shares ``hold.'' ``They put mom-and-pops out of
business when they come into town.''

Quite flattering...


At the risk of playing the devil's advocate...

That analyst talks about GC steam-rollering mom-and-pop businesses as if
its a good thing, which is the cynical point of view common in the
industry.

From a CEO's point of view, the stockholders are your true "customers",
not the consumers who spend money in your retail outlets. They are just
the fuel that keep the financial furnaces burning - so to speak.

I don't support this point of view at all; however, it is my observation
that this is how large scale corporations run their operations. GC is
no different here than any other corporation - they are just looking
after their "customers".

Chris W

--
The voice of ignorance speaks loud and long,
But the words of the wise are quiet and few.
---