Replies

1. 
   Davo_ | May 15, 2001 05:16am | #1

   *
   Interesting......What stock should we be buying?

1. 
   Phill_Giles | May 15, 2001 07:26am | #2

   *Well, this has to hurt Lansing (they go with the REVY stores): they'll have to give up their "family business" status; it's not going to help the Building Box; Beaver Lumber has gone into self-exile in the boonies; and, HD will carry on at current course and speed. I can't see investing in any of them. But tech stocks should be make some comeback - I'd buy sector mutuals rather than individual stocks at the moment.

1. 
   Jefe_ | May 15, 2001 04:08pm | #3

   *For you Americans not familiar with our currency, $ 3 billion Cdn. works out to about $750 US.

1. 
   Davo_ | May 16, 2001 05:03am | #4

   *If That's the going exchange rate, count me in. I'll definately invest $750.00 Where do I sign up?

1. 
   Rein_Taul | May 17, 2001 04:27am | #5

   *That's actually only $300.00 in Canadian Tire money.

2. 
   Phill_Giles | May 18, 2001 04:32am | #6

   *For those wanting to make investments closer to the carp business; I see that analysts have been substantially raising their revenue and share-price estimates forseveral of the solid lumber companies, particularly those from British Columbia. In constant dollars, these companies had been taking a beating, but the commodity prices are sliding up, starts are still up there, and inventory is very low.

3. 
   Ken_Layfield | May 18, 2001 06:02am | #7

   *There more money in Tim Hortons and Krispy Kreme donuts!

4. 
   Phill_Giles | May 18, 2001 07:37am | #8

   *Tim Horton's is a wholely owned subsidiary of Wendy's International. Around $25; 52W high, about $27; 52W low, about $17 - I wouldn't pick it.

5. 
   Jefe_ | May 18, 2001 04:25pm | #9

   *Hey Phill...what do you think of Canadian Tire? Seems to be a pretty stalwart company...would you buy in?

6. 
   Phill_Giles | May 18, 2001 04:48pm | #10

   *Define "buy in". I used to own a piece of a store years ago and we did well. But I can't recall off the top of my head if they have publically traded stock.

7. 
   Jefe_ | May 18, 2001 06:36pm | #11

   *I believe Canadian Tire is public. I know about 10 years ago it was considered a good stock, but took a kicking for a while. Here in Saskatchewan they've built big-box style stores, and always seem to do booming business.

8. 
   Phill_Giles | May 18, 2001 08:00pm | #12

   *Do you know the xchange and symbol ? And yes, its attraction is that Walmart can't seem to touch them.

9. 
   Martagon_ | May 19, 2001 01:36am | #13

   *Around here they're known as "Crappy Tire". Nobody ever seems to know where anything is located... ...if you can find someone to ask. I'll go anywhere else first before I'll go to CT

10. 
    Phill_Giles | May 19, 2001 07:35am | #14

    *Which Canadian Tire do you go to ? Just like HD, some are better than others. There are times when they are the only local source for stuff; but, most of the time I just shop their specials, which are often really good (often they put good quality tools on at 50%, 60%, even 70% off), their every day prices are reasonable, and, I've always found their guarantee to be rock solid.

11. 
    Martagon_ | May 19, 2001 07:43pm | #15

    *That would be the Canadian Tire on Upper James in Hamilton, the one on Gerrard in Toronto, the one on Wayne Gretzky Pkwy in Brantford, I could go on. It's not just one Crappy Tire, it's most of them. Last fall I needed casters for my table.. I went to CT in Btfd, they had no idea if they even had casters, let alone help me find them. When I left, they were looking in the kitchen dept, cause I needed them for a table. Next day I went to the Home Depot in Ancaster, the guy took me right to the casters, discussed the various types, which ones would be the best, and showed me the new glides that they had in for appliances ('cause I told him we had just lain a new kitchen floor). Now, which one do you think I'm going to go back to?

12. 
    Phill_Giles | May 21, 2001 09:08am | #16

    *Like I said, I shop the specials (out of the flyer). The CT in Markham (McCowan & 7) tries hard - the one on Steeles @ Kennedy is the pits, but they have more stock (I picked up 57 Schlage sets @ half-price there the other week {as a favour to a guy who then gave the install job to his BIL}).

2. 
   Phill_Giles | May 21, 2001 09:08am | #17

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   Quebec-based Rona appears to have locked in a deal to acquire BC-based REVY Home Centres to create a national chain with about $3B/year in sales.