As Robert pointed out, there were a number of factors that helped the company in the second half of 2003 and they're not counting on those factors to be repeated,
More Quotes from Michael Baker:
While we continue to have concerns about the lower-end consumer, we believe a good deal of Dollar General's issues are company-specific.Michael Baker
Okay, turning your prospects' cell phones into ringing spam machines is probably not your idea of cultivating goodwill. And it's not likely to happen. Unlike e-mail, mobile phones aren't readily accessible to marketers -- mobile phone privacy is zealously guarded by big carriers like Verizon and Nextel, as well as by law. There's an opening, however, and smart advertisers are preparing to drive a truck through it. Provided a consumer clearly opts in -- say, by dialing or text-messaging a certain number -- carriers are slowly becoming more or less amenable to letting marketers return a text message, or even an audio or video file, to that consumer's phone. Mobile phone ads are already big in some parts of Europe and Asia, and it's just starting to take hold here. McDonald's and Dunkin' Donuts are among the companies that have beamed coupons to U. S. cell phones, eliciting coupon-redemption rates as high as 17. Mobile-phone marketing today is where Internet advertising was in 1996 -- it's about to take off, ... There are already more mobile phones in use worldwide than televisions and computers put together.
Michael Baker
I'm hardworking, I'll work for the interest of the district. I will stand up for what I think is right.
Michael Baker
This measure will provide a strong deterrent to those who might be tempted to steal fuel,
Michael Baker
The early read from the Home Depot meeting is mixed, ... Though we feel that the company is generally positive as earnings-per-share estimates should go up, our enthusiasm is tempered by what looks like a lower total sales and comparable sales number for their fourth quarter.
Michael Baker
Home Depot's balance sheet looks strong, with enough cash and low debt. But we remain concerned about declining return on capital from Home Depot's high inventory levels.
Michael Baker
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