SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Sears Holdings Corp.
SHLD 33.880.0%Jul 12 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sr K who wrote (816)1/11/2009 1:31:56 PM
From: Glenn Petersen  Read Replies (1) of 951
 
Lampert explained his views on SSS and why they are deceptive and not important to investors in one of his first post-merger messages.

I understand all that. I probably should have stated that he either needs to fix the stores or accelerate the liquidation process. At some point you run out of costs that can be cut without permanently undermining the core business. After his excellent start, Lampert has done little to enhance shareholder value. The stock price reflects that fact.

I am sure that Lampert would argue that he has prevented a further decline in value.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext