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-   -   Poop Why GM stocks are tanking? (https://chiefsplanet.com/BB/showthread.php?t=247988)

DTLB58 08-03-2011 05:40 PM
Why anyone would put more than 10%
of their portfolio in ONE stock is beyond me.

Diversify, Mutual funds.

SenselessChiefsFan 08-03-2011 05:42 PM
Quote:
Originally Posted by Unleash_the_Phury (Post 7799055)
If GM is too big to fail, wtf do you do if Apple or Google fail?
Don't worry, there are no union employees for the government to worry about buying votes from.

SenselessChiefsFan 08-03-2011 05:47 PM
GM has done some good things of late. They have some very marketable autos. However, they are at the top end of the spectrum and are not the most fuel efficient.

The real issues come down to expenses. As long as you have overpaid union labor with government backing in negotiations, it is going to be very hard to turn a good profit.

There was a time when unions were necessary. That time is long gone. Unions are the mafia of the middle class. It increases labor costs and puts that money into Union Bosses pockets for 'protection'.

My father was a member of a union. I have been part of a Union. I just don't see much use for them now, other than to protect the non productive workers and to help keep democrats in office.

KCHawg 08-03-2011 06:25 PM
Quote:
Originally Posted by BossChief (Post 7798494)

On a Toyota brochure, it states that 80% of all cars/trucks they have made in the last 15 years are still on the road.

I bet Chevy is more like 50%...if that.
Nah, 80% of Chevys are still on the road too...somehow the other 20% made it home.

loochy 08-03-2011 06:27 PM
Quote:
Originally Posted by BossChief (Post 7799191)
4 years later the bumper falls off the caddy and the Lexus sells used for within 10% of a new one.

America needs to step the **** up in the car market
What are you basing this on?

loochy 08-03-2011 06:29 PM
Quote:
Originally Posted by SensibleChiefsfan (Post 7799216)
GM has done some good things of late. They have some very marketable autos. However, they are at the top end of the spectrum and are not the most fuel efficient.

The real issues come down to expenses. As long as you have overpaid union labor with government backing in negotiations, it is going to be very hard to turn a good profit.

There was a time when unions were necessary. That time is long gone. Unions are the mafia of the middle class. It increases labor costs and puts that money into Union Bosses pockets for 'protection'.

My father was a member of a union. I have been part of a Union. I just don't see much use for them now, other than to protect the non productive workers and to help keep democrats in office.
But they have to figure out how to overcome the negative bias they've built up with the consumer over the last 10-15 years. THAT will take some tough marketing work and some innovative design (along with a consistently reliable product, of course).

BossChief 08-03-2011 06:41 PM
Quote:
Originally Posted by loochy (Post 7799288)
What are you basing this on?
resale value and the reason of why there is such a huge discrepancy between American made vehicles and Nissans/Toyotas in regards to such.

People dont want to sell their Nissans/Toyotas because they are reliable where Chevys are unreliable.

Chevy changes the name of their models every few years because by then the word is out that they are garbage.

loochy 08-03-2011 06:43 PM
Quote:
Originally Posted by BossChief (Post 7799319)
resale value and the reason of why there is such a huge discrepancy between American made vehicles and Nissans/Toyotas in regards to such.

People dont want to sell their Nissans/Toyotas because they are reliable where Chevys are unreliable.

Chevy changes the name of their models every few years because by then the word is out that they are garbage.
No, I mean the part about Cadillac bumpers falling off. Cadillacs are quality.

I know about the perceived reliability discrepancy.

alpha_omega 08-03-2011 06:53 PM
Quote:
Originally Posted by BossChief (Post 7798222)
because they continue to make junk cars and charge just as much as cars that are far more reliable.

next question
Winner. I am driving an Impala rental car this week...what a total POS. I would never buy one!

BossChief 08-03-2011 07:27 PM
Quote:
Originally Posted by loochy (Post 7799328)
No, I mean the part about Cadillac bumpers falling off. Cadillacs are quality.

I know about the perceived reliability discrepancy.
you can buy a 6 year old Cadillac for pennies on the dollar...not so much with a Lexus.

You think thats just a coincidence?

UteChief 08-03-2011 08:10 PM
Quote:
Originally Posted by Reerun_KC (Post 7798309)
Offshore staffing for IT services... My business partner and I own services centers in 2 different countries. And in negotiating in a 3rd country to help us take the pressure off of hiring.

We sell those people back to our US clients... We have grown from 6 total people to over 53 in 18 months...

Thankfully those countries are up and coming... its allowed us to grow our US and overseas offices... We are providing a good quailty of living for many people around the world, including here in the US...
Are you in the Philippines?

Reerun_KC 08-03-2011 08:18 PM
Quote:
Originally Posted by UteChief (Post 7799488)
Are you in the Philippines?
Yes our account executives are in the Philippines, our IT staff is in Islamabad and Lahore Pakistan. And were working on opening another facility in Bangladesh...

UteChief 08-03-2011 08:33 PM
Quote:
Originally Posted by Reerun_KC (Post 7799511)
Yes our account executives are in the Philippines, our IT staff is in Islamabad and Lahore Pakistan. And were working on opening another facility in Bangladesh...
Do your reps take phone calls for American companies? I'm asking because I monitor calls where we have Phillipino reps take calls from American customers. It can be miserable. I feel bad for our customers.

Reerun_KC 08-03-2011 08:38 PM
Quote:
Originally Posted by UteChief (Post 7799552)
Do your reps take phone calls for American companies? I'm asking because I monitor calls where we have Phillipino reps take calls from American customers. It can be miserable. I feel bad for our customers.
Yep we sure do...... We actually allow our clients direct access to developers and IT admins...

We give them local skype numbers. We personally pre screen every canidate for english communication skills.

Its one of the main reasons we are exploding, our American oversite and direct access model is killing the offshore industry...

Okie_Apparition 08-03-2011 10:37 PM
Rexjake just chauffeured Guilani in to the Hudson


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