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To: knittnmom

So, what’s their track record with this type of prediction in past years?


http://247wallst.com/2011/06/22/247-wall-st-ten-brands-that-will-disappear-in-2012/

http://247wallst.com/2010/06/15/247-wall-st-ten-brands-that-will-disappear-in-2011/

http://247wallst.com/2009/04/15/twelve-major-brands-that-will-disappear/

http://247wallst.com/2009/12/02/the-ten-brands-that-will-disappear-in-2010/


18 posted on 06/21/2012 2:15:54 PM PDT by deport
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To: deport; knittnmom

I happened to look at the prediction links they made for previous years and they were quite prescient about the following companies:

BORDERS (Bankrupt)
BLOCKBUSTER (Bankrupt, acquired by DISH NETWRK)
PALM (Acquired by HP)
EASTMAN KODAK (Chapter 11)
AMBAC (chapter 11)
Sun Microsystems (Acquired by Oracle)

They were wrong about Fannie Mae and Freddie Mac though ( Government Bailout).


24 posted on 06/21/2012 2:50:22 PM PDT by SeekAndFind (bOTRT)
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