The Large US Companies That May Disappear In 2008

Wall Street 24/7 ^ | 1-24-08 | Douglas A. McIntyre

[Clintonfatigued]

This is depressing. And there’s no reason to expect that things will change soon.

[JasonC]

Samsung buying AMD is the most sensible one on the list. That would be a no brain winner and create a fierce competitor to Intel overnight. At today's prices, it wouldn't cost Samsung even one quarter's earnings, and they get 20% of CPU market share.

[the invisib1e hand]

this blather is as audacious as it is nearsighted.

[VegasCowboy]

This is depressing. And there’s no reason to expect that things will change soon.

Not only will things not change soon, they will NEVER change. Poorly managed companies, or those who cannot successfully adapt to new competitors will always go out of business eventually. Why on earth would this depress you unless you worked for one of them or were a shareholder?

[what's up]

5 out of 8 of these are related to the tech/communications sector.

Consolidation taking place for the next tech step up.

[VegasCowboy]

Yep.

What will we do without Sears, though? Where will I buy my cheap suits and clip-on ties?

[CGASMIA68]

Key Word “May”....for instance MOT is not only in hand sets..they are in your car,tv,radio etc......many of these will have more value in pieces than as a whole

[Cringing Negativism Network]

“this blather is as audacious as it is nearsighted.”

-

Not it’s not.

All of it is true. I’m watching our own company (I won’t mention the name, but it’s a biggie) sending jobs offshore as fast as they can find and hire. Layoffs all over. I’m surrounded by empty cubicles.

All those empty cubicles, are people who lost a good job, who won’t be down at the shopping center this weekend, because they’re looking for a new job, and trying to save money.

Most won’t find a new job, anywhere as good. Those good jobs, are the ones being lost.

America is losing our future. Our jobs. Our knowhow. Our industries. Our ability to do, to make, and to innovate.

And far too many people (even here on FR) think that’s a GOOD THING?

[what's up]

Kohl’s? Do they sell suits? Dollar General maybe?

[what's up]

I won’t mention the name,

Why not?

[Axenolith]

Lennar, Pulte,... Stick a fork in ‘em

[CGASMIA68]

Off topic

[Nik Naym]

I just hope that when Ford fails or is sold off, they don’t screw with Mazda. That is one car company that “gets it”. I shudder to think what would happen if one of the “car as an appliance” companies like Toyota or Nissan or Etc. got hold of them.

Don’t go messin’ with my Zoom Zoom!

I was surprised to see Motorola on that list. I thought they had a big Govt. business with cop radios and so forth. I did not know they had their lunch eaten in the cell business either.

Oh well. Heck this stuff happens all the time. Remember RCA? Been gone over 20 years. Lots of companies we used to think would last forever are gone.

I half expected to see Kodak on the short list of soon to be ex companies.

[Perdogg]

The last two purchases I made at Sears I had to return because the item broke.

[Michael.SF.]

Firestone. American Motors. Texaco. Pan Am. Worldcom... All are gone. Some were sold off. Others went bankrupt. Who could have predicted it?

Well, in all honesty, in some cases it was not all that difficult:

.....

[Brilliant]

Take a look at this list of companies. Of course, it’s just some bozo flapping his gums.

[the invisib1e hand]

blah de blah blah. how many times in the past 20 years has mot been below 20 bucks?

your company's laying off 'cause it can hire someone in Mumbai to do your job for half your salary. That's cost cutting.

[RetiredArmy]

Qwest (Q) is the last of the Baby Bells standing from the break-up of the old AT&T

Well, maybe if Qwest had not spent millions getting the naming rights to the Seattle Seahawks football stadium, maybe they would have a little more cash on hand.