February 8, 2000 |
Maytag (MYG) * Jim: Buy Mike: Buy * Jim: This outfit, perhaps best known for its ads that featured the lonely repairman, is the familiar maker of washers, dryers, stoves and other big appliances. Mike: Right, and besides the Maytag brand, the company makes appliances under the Jenn-Air, Magic Chef and Admiral names, to list a few. It also builds Hoover vacuum cleaners.
September 12, 2000 |
Qualcomm (QCOM) Jim: Buy Mike: Buy * Mike: The stock of this San Diego-based telecommunications company rose so far so fast last year, Jim, that it seems BMWs and Jaguars were sprouting on the streets of San Diego like dandelions on a sump. Jim: Qualcomm's stock performance was even eclipsing Broadcom's, which tells you something.
August 16, 2013 |
Visionary technological proposals generally trace a life cycle of three stages. First comes the thrill of the unveiling (the "gee-whiz" stage); then there's the hard work of research and development to convert rough sketches into practical form; finally comes the crash, when the original dream has to confront cold, hard reality. Let's hope there aren't any passengers aboard when Elon Musk's Hyperloop hits stage three. If you've been a sentient creature during the last week, you've heard something about the Hyperloop.
September 18, 2011 |
The New Deal A Modern History Michael Hiltzik Free Press: 499 pp., $30 Michael Hiltzik's "Colossus," published last year, told the story of the building of what is now known as the Hoover Dam, an epic public works project that was seized upon by President Franklin Delano Roosevelt as an icon of his New Deal. Hiltzik's latest, an extension of "Colossus" in a way, moves on to the subject of the New Deal itself, beginning with FDR's election in November 1932 and his inauguration four months later on a cold, damp day when America, in the midst of a banking collapse, was a "stupefied giant standing face to face with insolvency.
November 24, 2013 |
Back in the 1980s, when I lived in Nairobi, foreign residents had a simple way of obtaining Kenyan shillings. They'd write a check in, say, U.S. dollars on their U.S. bank accounts to the Indian man who owned the ice cream store down the block. He'd pay over shillings at the current black market rate. Then he'd mail the check to his brother in Toronto, who would deposit it in the merchant's name in a Canadian bank account. Presto! The expatriates got shillings to spend locally, and the shop owner spirited his profits out of the country for conversion to a hard currency, secure for his retirement.
November 20, 2010 |
In these troubled economic times, it's not hard to understand why people might want to protect their life savings by purchasing a hard asset like gold or silver. At least, that's the pitch of Monex, the big Newport Beach investment firm, which bills itself as "America's trusted name in precious metals investments" and assures clients that it's "committed to customer service. " So let's take a look at the experiences of some customers who say their trust in Monex was misplaced.
February 17, 2012 |
A judge has dismissed a lawsuit that accused a columnist for The Times of illegally recording conversations with the president of the 1-800-GET-THIN marketing firm. The company is known for its ubiquitous billboards plastered along Southland freeways — and its catchy jingle that pops up on the radio and television — that promote shedding pounds via the Lap-Band weight-loss device. Los Angeles County Superior Court Judge Debre Katz Weintraub threw out the lawsuit that Robert Silverman, the marketing company's president, had filed against Times columnist Michael Hiltzik.
January 30, 2001 |
Men's Wearhouse (MW) Jim: Don't buy Mike: Buy * Mike: I'll start with this question about Men's Wearhouse: Jim, would you say that George Zimmer is the Frank Perdue of the '90s? Jim: No question, though some readers might not get the connection. Zimmer is not only the chief executive of apparel chain Men's Wearhouse, he's also its pitchman on TV and radio, just as Perdue flacked--or flicked--for his chicken company. And like Perdue, Zimmer's very good at promotion.
January 2, 2001 |
Lowe's Cos. (LOW) Jim: Buy Mike: Don't buy Mike: I don't know about you, Jim, but I've noticed around Southern California that there's a new store anchoring a lot of these new malls: Lowe's home improvement stores. I think of stores like Lowe's and Home Depot as lumberyards with a college education. Jim: You know, this might be a knock on any other company, but Lowe's is almost a Home Depot wannabe. Mike: Almost? That's exactly what Lowe's is. Jim: All right.
July 11, 2000 |
Sara Lee (SLE) Jim: Don't buy Mike: Buy * Jim: It's a good thing that Sara Lee's new chief executive is trying to turn this company upside down, because if he wasn't I believe Sara Lee would soon succumb to a new owner that would. Mike: Now Jim, before we continue with all that important corporate stuff, let me start by saying I think of Sara Lee as an old friend. Jim: My, so warm and fuzzy today, Mike. Let me guess.