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8339 clicks; posted to Business » on 31 May 2012 at 1:54 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-05-31 08:59:33 PM

SharkTrager: Debeo Summa Credo: SharkTrager: An interesting thing happened this week.

A guy I know who is a huge strip club fan was talking about the texts he gets from girls, and kind of what's happening in the clubs. I usually just like hearing his stories (You lie Chris Rock). But this was different.

He said that what has been happening with the girls has happened two times before, and both times were right before recessions hit.

His theory is that strippers are a leading indicator.

I'm dying to know. What is happening with the girls that is a leading indicator of recessions?

It has to do with a variety of things.

The end of month rent is due texts are up. The number of times the dancers outnumber the customers is up. The number of obviously desperate dancers is up. The number of girls willing to meet outside the club is up. The amount they are quoting him is WAY down. While I'm not in that scene, I've heard enough stories, and remember enough from my younger days, to know that if he's telling the truth something has changed.

Maybe it's just local, but it's pretty clear something changed, and it changed quickly.


High fuel prices ate into men's "money to be pissed away on strippers" funds?
 
2012-05-31 09:57:52 PM
I can see the profitability of stripping being a leading economic indicator. A recession is really a macro trend, that being a decline in economic activity and value. A macro trend is an accumulation of many micro trends moving in the same direction. Assuming that the strip club clientele is spread across a lot of business sectors, a single sector having hard times might not be noticed. But if several tank at roughly the same time...

When guys experience financial hard times, They tighten their belts and prioritize spending. That means their "looking at nekkid mercenary biatches under black light" budget is eliminated first. If there is a particularly deep reduction in discretionary funds across a lot of different business sectors, it is natural that less money would find its way into G-strings and garters.

Strippers typically don't manage money so well, and thus quickly hit by financial downturns. They feel the pain deeply and immediately, usually as soon as their monthly bills come due.That's why strippers must go that extra mile to compete with other strippers get an adequate share of the reduced economic pie.

I thought of creating a catchy name for such a leading economic indicator, but "Amber Alert" was already taken.
 
2012-05-31 09:57:58 PM

MaudlinMutantMollusk: Cythraul: So vote Republican.

Well, we could have voted for the Republican that's running HP right now

/might have saved a lot of jobs right there now that I think about it


Meg is cleaning up Leo Apotheker's mess, who inherited Mark Hurd's mess, after Carly Fiorina completely farked things up.

The HP/Compaq merger was almost as bad as the Sprint/Nextel merger... except that Nextel actually had their shiat together. HPQ was like two drunks meeting in a bar, having a few drinks, deciding they really liked each other, then walking out of the bar arm in arm. There were only two outcomes -- one of the drunks passes out, stumbles and falls and pulls the other down with him, or one of the drunks sobers up and suddenly realizes what a huge farking mistake he made joining in with the other drunk.

/anybody remember Eckhardt Pfieffer?
 
2012-05-31 10:45:04 PM
If you want to know what the USA is going to be like in the future look at Europe, especially England, Spain and Italy. The Dole won't be just for bananas.
 
2012-05-31 10:45:20 PM
img225.imageshack.us

I thought only 7 jobs were lost.


/window seat, please
//away from the O rings
 
2012-05-31 10:58:13 PM
Obamacare comes into effect year by year and layoffs increase yaer by year coincidence?
 
2012-05-31 11:54:21 PM
When will Obama pass some laws to do something about this!?!?!?
 
2012-06-01 12:26:23 AM

Shaggy_C: Obamacare comes into effect year by year and layoffs increase yaer by year coincidence?


Tell me the one about pirates and temperature. I like that one.
 
2012-06-01 01:54:08 AM
Let me tell you a little something about HP.

Their lay-offs are based upon a randomized method that has no input from middle or low management. They are so concerned about some special interest group suing them, that they are randomizing the people regardless of performance or necessity for future projects. It is interesting. I am watching complete projects that are crucial for the spoken "future of HP" being s**tcanned because the random lay-offs have eliminated critical leads or architects.

Of course, this "random" selection has not targeted any executives, because they are more equal than the ones below.

Meg is no different than Mark Hurd.

HP is doomed to become another footnote. From what I understand, they planning on moving much of their development to China (H3C) to make sure that all of their products are infused with mainland China's "special" features.
 
2012-06-01 08:47:34 AM

forgotmydamnusername: High fuel prices ate into men's "money to be pissed away on strippers" funds?


Gas prices are down from a few months ago.

The offers he claims to be getting are insane, and he's not the only one I've heard saying it. He's just the one I tend to believe.
 
2012-06-01 10:20:35 AM
Well HP has been poorly run since 1999. They have bought and merged with no clear focus on how that business line compliments the existing business.

HP could be a player in mobile computing but they bought Palm, which changed how they would focus on windows tablets. Along with that, the palm os was a minor player with ios and android gaining marketshare.

They continue to sell compaq computers, to low end customers, with margins thinner than a piece of paper.
 
2012-06-01 10:36:56 AM

SharkTrager: forgotmydamnusername: High fuel prices ate into men's "money to be pissed away on strippers" funds?

Gas prices are down from a few months ago.

The offers he claims to be getting are insane, and he's not the only one I've heard saying it. He's just the one I tend to believe.


The prices are down, except in California. My own frame of reference let me down here, I suppose. Perhaps it takes a bit of time for spending patterns to return to normal? Then again, there are other things to be alarmed about, like the Euro collapsing, or the Chinese getting killed by their own real estate bubble, or the erasure of some wealth via the popping of the gold bubble. Maybe this would be enough to cause a reduction in confidence and more attempts to save...
 
2012-06-01 01:22:01 PM

rosebud_the_sled: Let me tell you a little something about HP.

Their lay-offs are based upon a randomized method that has no input from middle or low management. They are so concerned about some special interest group suing them, that they are randomizing the people regardless of performance or necessity for future projects. It is interesting. I am watching complete projects that are crucial for the spoken "future of HP" being s**tcanned because the random lay-offs have eliminated critical leads or architects.

Of course, this "random" selection has not targeted any executives, because they are more equal than the ones below.

Meg is no different than Mark Hurd.

HP is doomed to become another footnote. From what I understand, they planning on moving much of their development to China (H3C) to make sure that all of their products are infused with mainland China's "special" features.



????

As an HP employee, I don't see this as what is happening. They are offering early outs for people that want to take them, and will follow up by laying off people; I believe most of these people will come out of the hardware side, since the software side is doing just fine. It is in sharp contrast to the last big layoff round I recall (when my group was EDS), where the morons decided every manager would give up 10% of their workforce, regardless of the quality of those people.

As an EDSer, I can say that a lot of dead weight from software could be trimmed by removing anybody with the job "account manager". There would be almost no loss in business activity (since us software engineers are called on to do most of the footwork, anyway, for getting new accounts and keeping them, and our managers do most of the paperwork and face-to-faces with customers), and an incredible savings in their bloated salaries, bonuses and expenses.

The problem for HP is the low profit margins of the hardware side. In some cases, there are losses, and being #1 in selling things at a loss is not a good thing. Trimming the fat there will get us into profitability - and our software side, as always, contributes to selling that hardware.

I never understood how some people think that EVERY layoff is bad for a company. Sometimes, it is required to get the ship righted. I've been through idiotic purges, too... I've been through attempts to "leverage offshore resources", as well. The results of those acts usually end up in minor management purges (which never make the headlines unless they occur at the board level, like Leo's ouster) and a slow return to sanity.
 
2012-06-01 04:32:13 PM
Hp is suffering for a decade's worth of bad decisions. Some may have to do with the economy, but most of it is of their own doing.
 
2012-06-01 06:17:37 PM

immrlizard: Hp is suffering for a decade's worth of bad decisions. Some may have to do with the economy, but most of it is of their own doing.


They would have been in far worse shape if they hadn't picked up EDS. Some of it's a mixed bag (automotive business has sucked since GM spun EDS off and GM execs went on a warpath against "grievances" - only to find our competitors charged more for the same services they thought they were being overcharged on, but I digress), but in all, IT services have been a big money maker for HP. It's what got Leo into the Chair in the first place. but Leo's obsession with software, and his desire to kill the hardware end of things (HP's base) exposed his unsuitability to running a company like HP.

What HP is mostly guilty of is not responding quicker to tightening their belts where hardware is concerned. I would also say they are guilty of dropping the ball in quality, but then again, so has pretty much every other company out there, in their rush to offshore manufacturing and customer service.

They are, after all, the top PC company on the planet. That doesn't happen by making ONLY bad decisions.

I will also interject one more thing here... HP isn't Apple, nor is Microsoft, Dell, Samsung, Toshiba... pretty much everybody is guilty of thinking they have the same sort of brand name magic Apple does, and have made attempt to compete with Apple on the same terms, only to fail miserably. Overpricing decent products and relying on your brand name doesn't work if your name isn't Apple (or Starbucks, McDonalds, IKEA, Toyota, Sony etc...). Some companies, for some bizarre reason, have attained cult status and can set their own pricing. Execs at many companies like HP forget this for some idiotic reasoning.... the Touchpad was a good example. It was a decent (but far from great) tablet, with a very good OS - but it was overpriced and execs targeted it to sell almost as well as the iPad. Really. My 12 year old could have told them they were insane, but they eyed an elusive high profit margin on hardware. They felt they would turn things around by sheer force of will (and some bizarre delusion that HP had cult brand status), rather than by, you know, cutting costs in a reasonable fashion.
 
2012-06-01 06:24:09 PM
Yes, clearly this is the economy's fault. If people can't afford really cheap computers, I bet the sales of pricey computers that Apple makes must really be in a freefall.

//or it could be that people who buy razon-thin margin computers equipment really have no brand loyalty to HP, and they've just moved on to the other, slightly even cheaper models made by competitors.
///just like Obama told them too to screw over a Republican owned company, or something
 
2012-06-01 06:45:19 PM

LesserEvil: immrlizard: Hp is suffering for a decade's worth of bad decisions. Some may have to do with the economy, but most of it is of their own doing.

They would have been in far worse shape if they hadn't picked up EDS. Some of it's a mixed bag (automotive business has sucked since GM spun EDS off and GM execs went on a warpath against "grievances" - only to find our competitors charged more for the same services they thought they were being overcharged on, but I digress), but in all, IT services have been a big money maker for HP. It's what got Leo into the Chair in the first place. but Leo's obsession with software, and his desire to kill the hardware end of things (HP's base) exposed his unsuitability to running a company like HP.

What HP is mostly guilty of is not responding quicker to tightening their belts where hardware is concerned. I would also say they are guilty of dropping the ball in quality, but then again, so has pretty much every other company out there, in their rush to offshore manufacturing and customer service.

They are, after all, the top PC company on the planet. That doesn't happen by making ONLY bad decisions.

I will also interject one more thing here... HP isn't Apple, nor is Microsoft, Dell, Samsung, Toshiba... pretty much everybody is guilty of thinking they have the same sort of brand name magic Apple does, and have made attempt to compete with Apple on the same terms, only to fail miserably. Overpricing decent products and relying on your brand name doesn't work if your name isn't Apple (or Starbucks, McDonalds, IKEA, Toyota, Sony etc...). Some companies, for some bizarre reason, have attained cult status and can set their own pricing. Execs at many companies like HP forget this for some idiotic reasoning.... the Touchpad was a good example. It was a decent (but far from great) tablet, with a very good OS - but it was overpriced and execs targeted it to sell almost as well as the iPad. Really. My 12 year old could have told them they w ...


HP had the kind of status that Apple does in certain products. Instruments. They spun that division off. Pocket calculators. Gone the way of the buggy whip. Workstations. They've become commodity desktop computers. They had the potential to be Apple, maybe, but they let it get away.
 
2012-06-02 12:46:18 PM

LesserEvil: Debeo Summa Credo: WTF? The bank fiasco was orchestrated by whom? For whom?

I said Dodd, and clearly for the Democrats.


forums.radioreference.com
 
2012-06-03 11:47:12 PM

snowshovel: Yes, clearly this is the economy's fault. If people can't afford really cheap computers, I bet the sales of pricey computers that Apple makes must really be in a freefall.

//or it could be that people who buy razon-thin margin computers equipment really have no brand loyalty to HP, and they've just moved on to the other, slightly even cheaper models made by competitors.
///just like Obama told them too to screw over a Republican owned company, or something


Exactly. That and HP isn't doing anything to get people to buy more than one of their products at a time, or sign up for services. They could sell something like a home network in a box and offer network support for it. There would be the main pc, a home server / htpc, printer and scanner, and a router. Customer can name their network online and setup the password, hp can make sure everything connects, make that network name the default and print it on the bottom of the router and keyboard.

img689.imageshack.us

The cost on their site is $950, they could see it for $1100 by including network and product support. And if they don't screw it up, people won't call in often and will tell their friends and family how easy it was to setup. This is what apple partly did with the imac, the setup of the pc was easy and did not involve much. Hell they could sell it for $100 more by having someone come out and install everything.
 
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