Replies

Good Morning Class. Welcome to School! Today, as you know, is Martin Luther King Day, and also the Third Annual Day of Repudiation of Jesse Jackson by Reverend Jesse Peterson and B.O.N.D. So in honor of that, we’ll use repudiate as today’s WFTD.

Here is my example with WFTD:

It is by no means clear, for example, Martha Stewart label would be welcomed at a Kmart rival like Wal-Mart, which doesn't use celebrity endorsers anyway, or even Target Corp., which has been doing fine without celebrity pitchmen also.

As for Kmart itself, well, it seems pretty clear that Wall Street has basically written the company off. At the stock's current price of $1.73 per share, investors are valuing the entire business at less than $800 million, or not much more than one-tenth its stated book value, which investors obviously think is a joke. Not a comforting thought for Kmart's stockholders, even if they've lost a bundle already. The message of the market is that more bloodletting may still be to come.

Now this is an interesting little development. Kmart is bleeding profusely from the books and there doesn't seem to be any way to stop the cash flow. I wonder if Martha Stewart is watching this closely? As most of you know, I am no great fan of Martha and any corporation that solely bases 80% of their operating cash on one outlet is not doing good business. Target, which I prefer over Walmart, and Walmart do not need to bring in high profile names and tricks to get people into their stores. So I doubt they are going to buy into the “Martha Stewart” branding policies. It certainly repudiates the claim that celebrities “sell” a business. Doesn’t look like all those high priced pitchmen did any good, now does it?

KMART MISERY GROWS

Review Thread One

Review Thread Two

1 posted on 01/21/2002 6:01:34 AM PST by RikaStrom

2 posted on 01/21/2002 6:01:47 AM PST by NeoCaveman

3 posted on 01/21/2002 6:01:50 AM PST by Slip18

To: Students; anniegetyourgun; ralph; otterpond; DainBramage; 2Fro; Slip18; xsmommy; camle;

4 posted on 01/21/2002 6:01:56 AM PST by RikaStrom

To: CholeraJoe; theDentist; gas_dr; Cyber Liberty; petroniDE; gabz; Just another Joe;

5 posted on 01/21/2002 6:02:13 AM PST by RikaStrom

7 posted on 01/21/2002 6:02:16 AM PST by TxBec

8 posted on 01/21/2002 6:02:20 AM PST by Gabz

To: Joan_of_Argghh!; WyldKard; one_particular_harbour; Bella_Bru; riley1992;

9 posted on 01/21/2002 6:02:26 AM PST by RikaStrom

To: Silly; raygun; gunshy; maxwell; Countyline; TruthShallSetYouFree; Robert A. Cook, PE

10 posted on 01/21/2002 6:02:39 AM PST by RikaStrom

To: SeaDragon; white rose; Argh; doubled; zog; kachina; VRWCmember; Sabertooth

12 posted on 01/21/2002 6:02:48 AM PST by RikaStrom

To: .30Carbine; dubyaismypresident; SES1066; phantasmagoria; hobbes1; TxBec

13 posted on 01/21/2002 6:02:57 AM PST by RikaStrom

To: Cool Guy; rockfish59; katze; RjayneJ; LoanPalm, gwmoore; Soul Citizen

14 posted on 01/21/2002 6:03:08 AM PST by RikaStrom

To: Eala, Grace; Hegewisch Dupa; Constitution Day

16 posted on 01/21/2002 6:03:21 AM PST by RikaStrom

I REPUDIATE that today is even a holiday. I am at work today, like I am most Monday mornings.

Banks, schools, and government buildings are closed, but in most cities, their local governments don't REPUDIATE themselves from collecting fees (i.e. feed those parking meters). One good thing, lot less traffic this morning. No REPUDIATION on that piece of good news.

22 posted on 01/21/2002 6:05:35 AM PST by PetroniDE

British foreign secretary, Jack Straw has condemned the treatment of detainees in Cuba. Attorney General Ashcroft has repudiated these allegations.

23 posted on 01/21/2002 6:05:37 AM PST by CholeraJoe

first? Top Ten?

Morning Guys, Gals,
Please welcome a new FReepr. My son, almost 12, now goes by the screen name, GrimmFreeper.

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LoanPalm, le Républicain du verre cassé (The Broken Glass Republican)

26 posted on 01/21/2002 6:06:07 AM PST by LonePalm

Leave it to a FReeper to repudiatethe author of an oppp-ed piece. Be Serious about Smoke is a piece from one of my local papers yesterday and is allegedly written by an MD. An astute FReeper noted that there is such a person lilsted as a professor at the local university, but iot says nothing about him being an MD. A search of the local yellow pages also reveals no such MD in, at least the lower part, the state.

34 posted on 01/21/2002 6:07:46 AM PST by Gabz

Rosie, Paula Poundstone (such an unusual name for one of her persuaion!), Janet Reno, and others in NOW are believed to often repudiate each other.

Perhaps re-pud-she-ate?

40 posted on 01/21/2002 6:09:33 AM PST by Robert A Cook PE

Chaucer... not only came to doubt the worth of his extraordinary body of work, but repudiated it

Good for Chaucer, I always found him a little tedious.

54 posted on 01/21/2002 6:13:23 AM PST by Argh

Congreesman Condit, thinks he has escaped repudiation
I am hoping his thinking is wrong
And he ends up facing incarseration.

66 posted on 01/21/2002 6:22:24 AM PST by NeoCaveman

Greetings again, time for poetry

Desperate Dems now
Repudiate irate dupes.
Must save union males.

74 posted on 01/21/2002 6:27:58 AM PST by LonePalm

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