REWahoo
Give me a museum and I'll fill it. (Picasso) Give
I thought this was an interesting article on several US companies the author says come January of next year won't exist as we know them today:
Motorola (MOT)
Sears Holdings (SHLD)
Citigroup (C)
Ford (F)
Yahoo! (YHOO)
AMD (AMD)
Sprint (S)
Quest (Q)
"Some may not even make it halfway through the year. Not all will go out of business. Some may simply be auctioned off in pieces. Others may be bought. These companies will not exist in their current forms as they are known to their shareholders and consumers now.
When a company ceases to exist as an independent entity, it is not necessarily bad for shareholders. Some may be worth more in parts. Often a bust-up or merger is what brings owners the most money."
24/7 Wall St.: The Large US Companies That May Disappear In 2008
Anyone buying these companies on the bet they will be sold off at a fat profit?
Motorola (MOT)
Sears Holdings (SHLD)
Citigroup (C)
Ford (F)
Yahoo! (YHOO)
AMD (AMD)
Sprint (S)
Quest (Q)
"Some may not even make it halfway through the year. Not all will go out of business. Some may simply be auctioned off in pieces. Others may be bought. These companies will not exist in their current forms as they are known to their shareholders and consumers now.
When a company ceases to exist as an independent entity, it is not necessarily bad for shareholders. Some may be worth more in parts. Often a bust-up or merger is what brings owners the most money."
24/7 Wall St.: The Large US Companies That May Disappear In 2008
Anyone buying these companies on the bet they will be sold off at a fat profit?