http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/ Our beat: The stock market. Our job: Beat it. Tue, 07 Oct 2008 23:03:49 +0000 http://wordpress.org/?v=2.2.1 http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-10301 Profitless Prosperity in LCD TVs - Stock Market Beat - Our beat is the stock market. Our job is to beat it. Tue, 09 Jan 2007 03:12:05 +0000 http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-10301 [...] We already heard from Best Buy (BBY) and Circuit City (CC) that price competition on flat-panel television sets was hurting profit margins. Holidaysales Blog - WSJ.com : ‘The Year of the LCD TV’ Consumers spent $8.75 billion on TVs, gadgets and other technology items from the week of Black Friday through the week ending Dec. 23, according to the NPD research group. “This was the year of the LCD TV,” NPD declared in a press release, reporting that $924 million of that total was spent on such TVs and that unit growth doubled from last year. The top-selling size of flat screen was 32-inch LCD and the average price of such models dropped to $796 from $1,354 during the 2005 season. The No. 2 spot went to 42-inch plasma. [...] […] We already heard from Best Buy (BBY) and Circuit City (CC) that price competition on flat-panel television sets was hurting profit margins. Holidaysales Blog - WSJ.com : ‘The Year of the LCD TV’ Consumers spent $8.75 billion on TVs, gadgets and other technology items from the week of Black Friday through the week ending Dec. 23, according to the NPD research group. “This was the year of the LCD TV,” NPD declared in a press release, reporting that $924 million of that total was spent on such TVs and that unit growth doubled from last year. The top-selling size of flat screen was 32-inch LCD and the average price of such models dropped to $796 from $1,354 during the 2005 season. The No. 2 spot went to 42-inch plasma. […]

]]> http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-8567 SEMI Equipment Takes A Breather - Don’t Hold Your Breath Waiting For it to End - Stock Market Beat - Our beat is the stock market. Our job is to beat it. Wed, 20 Dec 2006 20:08:50 +0000 http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-8567 [...] There is one little problem with Gartner’s forecast, however. Best Buy (BBY) and Circuit City (CCS) have shown that end demand is even cooler than many industry watchers believe. With a slowdown in consumer spending on electronics looking increasingly likely for 2007, the orders will likely be pushed back further still. In other words, don’t hold your breath waiting for the industry’s “breather” to end. The author may hold a position in the securities discussed. The author's current holdings are as follows: Long: Union Pacific (UNP) put options; Air Products (APD) put options; Nasdaq 100 (QQQQ) put options; FedEx (FDX) put options; Intuit (INTU) put options; Bookham (BKHM; Ballard Power (BLDP); Syntax Brillian (BRLC); CMGI (CMGI); Genentech (DNA); Ion Media Networks (ION); Three Five Systems (TFS); IShares Japan (EWJ); StreetTracks Gold (GLD); Starbucks (SBUX); U.S. Oil Fund (USO); Plantronics (PLT) call options; Short: Landstar (LSTR) put options; Ceradyne (CRDN) put options; Dell (DELL) put options; Plantronics (PLT) put options; [...] […] There is one little problem with Gartner’s forecast, however. Best Buy (BBY) and Circuit City (CCS) have shown that end demand is even cooler than many industry watchers believe. With a slowdown in consumer spending on electronics looking increasingly likely for 2007, the orders will likely be pushed back further still. In other words, don’t hold your breath waiting for the industry’s “breather” to end. The author may hold a position in the securities discussed. The author’s current holdings are as follows: Long: Union Pacific (UNP) put options; Air Products (APD) put options; Nasdaq 100 (QQQQ) put options; FedEx (FDX - Annual Report) put options; Intuit (INTU) put options; Bookham (BKHM; Ballard Power (BLDP); Syntax Brillian (BRLC); CMGI (CMGI); Genentech (DNA - Annual Report; Ion Media Networks (ION); Three Five Systems (TFS); IShares Japan (EWJ); StreetTracks Gold (GLD); Starbucks (SBUX); U.S. Oil Fund (USO); Plantronics (PLT) call options; Short: Landstar (LSTR - Annual Report) put options; Ceradyne (CRDN) put options; Dell (DELL) put options; Plantronics (PLT) put options; […]

]]> http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-7947 Sam Tue, 12 Dec 2006 19:03:52 +0000 http://stockmarketbeat.com/blog1/2006/12/12/consumed-consumers-does-best-buy-signal-an-end-to-the-consumption-boom/#comment-7947 I dont mind LCD prices falling...I got a great deal on my new PC screen!!! I dont mind LCD prices falling…I got a great deal on my new PC screen!!!

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