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  #1  
Old January 22nd, 2002, 10:07 AM
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Kmart files chapter 11

read here
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  #2  
Old January 22nd, 2002, 10:10 AM
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good time to buy kmart stock ?? They are too big to go under. I see a potential bailout here .. from some business house or mebbe even the government. Wot think ?
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  #3  
Old January 22nd, 2002, 10:48 AM
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I guess Kmart executives are stupid. They should have asked for bankruptcy protection in the week of Sept 17. They could have laid their hands on some taxpayer's money which so many companies got
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  #4  
Old January 22nd, 2002, 10:55 AM
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Yeaaaaaaaaaa
Look out for closing out sale. Lots of cheap deals !
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  #5  
Old January 22nd, 2002, 10:58 AM
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Quote:
Originally posted by dirty
Yeaaaaaaaaaa
Look out for closing out sale. Lots of cheap deals !

pukka gujju bhai
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  #6  
Old January 22nd, 2002, 11:01 AM
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Originally posted by DesiBaba



pukka gujju bhai
<Sheepishly>
Saala sahi pehchana re. Sorry yaar ekdum spontaneously react kiya maine. Saale kya kare gujju ka dimag baar baar vahin jaata hai!
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  #7  
Old January 22nd, 2002, 11:02 AM
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Quote:
Originally posted by dirty
Yeaaaaaaaaaa
Look out for closing out sale. Lots of cheap deals !
Gande... Kmart ki sale ka kya fayda yaar? Toilet roll $1.49 ki jagah 1.36 kay mileyngay.

Saalaa, banana republic ya phir Polo ko band karvaao.
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  #8  
Old January 22nd, 2002, 11:03 AM
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It's not over until it's over

Chapter 11 gives protection against creditors and while the stock holders can kiss their investment goodbye, the company could still survive.

Target is going through tough times too (who is not ???)
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  #9  
Old January 22nd, 2002, 11:10 AM
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Quote:
Originally posted by Big-G


Gande... Kmart ki sale ka kya fayda yaar? Toilet roll $1.49 ki jagah 1.36 kay mileyngay.

Saalaa, banana republic ya phir Polo ko band karvaao.
Arre dost zara gujju dimaag se socho ! Tum ek toilet roll pe 13 cents save karte ho. In month if you use 5 toilet roll considering your er....... Big-G, you save in a year abt. $7.80
Now if you buy a Polo Jacket after a year for $78 then ye $7.8 is almost like a 10% discount. Now in closeout sale this prices maybe even lower to tumhara Polo me discount increase ho gaya na ?
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Old January 22nd, 2002, 11:11 AM
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Re: It's not over until it's over

Quote:
Originally posted by eNRI
Chapter 11 gives protection against creditors and while the stock holders can kiss their investment goodbye, the company could still survive.

Target is going through tough times too (who is not ???)
I know what is chapter 11 . Thanx for extra (unwanted) info !
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  #11  
Old January 22nd, 2002, 11:17 AM
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Re: Re: It's not over until it's over

Quote:
Originally posted by dirty

I know what is chapter 11 . Thanx for extra (unwanted) info !
why this funny feeling dude? you didn't even start this thread and I wasn't responding to your post. what makes you think that i am telling you something or whether or not you know about chap 11?
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  #12  
Old January 22nd, 2002, 11:17 AM
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Quote:
Originally posted by dirty

Arre dost zara gujju dimaag se socho ! Tum ek toilet roll pe 13 cents save karte ho. In month if you use 5 toilet roll considering your er....... Big-G, you save in a year abt. $7.80
Now if you buy a Polo Jacket after a year for $78 then ye $7.8 is almost like a 10% discount. Now in closeout sale this prices maybe even lower to tumhara Polo me discount increase ho gaya na ?
Bhai... tamaara pag kiyaaN chhay??

eNRI ki toh aish ho gayi... Phenyl ki bottles, jhaadoo, poNchha, commode saaf karnay waala brush, naali saaf karnay waalaa pump.... saalaa, iska toh 2-3 saal ka intezaam ho gaya.

If the dumb IT guys cannot relate with eNRI's happiness then imagine that Dell and HP go phut and declare 90% discount on all PCs, laptops, drives etc.
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  #13  
Old January 22nd, 2002, 11:18 AM
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Quote:
Originally posted by smellyfinger
good time to buy kmart stock ??
no way.. look at what happened to Enron. Their stocks are not being traded now. IF the company does collapse, you lose all your money, but at 77 cents, sure you can buy a couple of hundred of shares and not go out this Friday and Saturday.
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  #14  
Old January 22nd, 2002, 11:20 AM
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i agree

Quote:
Originally posted by nydood


no way.. look at what happened to Enron. Their stocks are not being traded now. IF the company does collapse, you lose all your money, but at 77 cents, sure you can buy a couple of hundred of shares and not go out this Friday and Saturday.
the stock will be delisted soon. if this stock is a member of a major index like S&P500, check out, who is gonna replace it and buy that instead of KMart
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  #15  
Old January 22nd, 2002, 11:26 AM
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On 01/16/2002 Plum Creek Timber Co. (PCL) replaced K Mart (KM)
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