GLG News by Digital Camera Experts

Douglas HallPrincipalRTF, LLC

Bill Heard Enterprises – “Closed”

October 2, 2008

Analysis of:Major GM Dealer Bill Heard Goes Out of Business | online.wsj.com

As single brand dealership stores fail so does the OEM brand image. You can spin it anyway you like; Independent Dealer, poor management, bad financial risk but at the end of the day perception is reality.

Cathy StaufferOwnerCathyStaufferConsulting

Circuit City's (new) Management Has A (new) Plan But It's Dependent On Others For It To Work.

September 30, 2008

Analysis of:Circuit City Posts Loss As Sales Woes Continue | online.wsj.com

In addition to loosing hundreds of millions of dollars and significant market share, letting things get so bad for so long has resulted in CC loosing control - now it's largely up to others if CC will survive.  1. Vendors - at this point vendors are on top – without vendor support there will no reason for consumers to come in. 2. Consumers - CC management is talking about regaining consumer “relevancy”. Consumers have long memories when it comes to a bad retail experience, but short if it means saving money.  CC must deliver a compelling, relevant message backed up by quality in-store execution if they hope to regain any consumer support for the holidays. 3. Employees -  If the front lines are disenfranchised, they disenfranchise customers.  CC must re-energize their front line employees immediately.

Douglas HallPrincipalRTF, LLC

RADICAL CHANGES FOR RADICAL TIMES – OR IS THERE MORE TO IT?

August 13, 2008

Analysis of:Detroit’s race against time : Will the Big Three’s cash last long enough for them to fix themselves? | www.economist.com

Chrysler LLC announced it was exiting leasing entirely in July and GMAC has discontinued leasing in their Canadian market. This in it self may be considered a risk management avoidance given the current market status, however I find it interesting that Chrysler LLC is owned by Cerberus and Cerberus owns 52% of GMAC as well. This is just another curve ball for an already troubled dealer network that now has to rely on regional banks and credit unions that have different approaches and most likely higher interest rates and more stringent qualification requirements.

George DorkhomExecutive ChairmanGREENKOTE PLC

Sanctions simply do not work

July 14, 2008

Analysis of:Despite conflict, U.S. does business with Iran | www.msnbc.msn.com

Sanctioning Iran or Zimbabwe or any such nations is a bad approach to politics as well as economics. It is true as the writer says that the US efforts on sanctions are not coordinated, worse , these measures are never properly enforced and loopholes benefit a select few. More importantly, ecnomic sanctions, boycotts and all the jazzy language end up always hurting the US producers and benefit other nations of Asia, South America and especially Europe. Our leadership has got to stop relying  on and using sanctions , which in essence  ,are sanctioning  US companies and not the intended target.

David WorkmanExecutive DirectorPRO Group

Consumer Confidence Index

June 30, 2008

Analysis of:Consumer confidence nears all-time low | money.cnn.com

Some of what we report is a self fulfilling prophecy We are not one number, driving to one result Consumers will be selective in their indulgences

Gregory BirgeFounder and CEOF5 Digital Consulting

Apple increases its pressure on industry

June 11, 2008

Analysis of:iPhone 3g | www.computerworld.com

Apple tried for many years to enter the industry world. Will they succeed with the new iPhone and SDK2.0 ?

David WorkmanExecutive DirectorPRO Group

There is no room in the middle

June 3, 2008

Analysis of:Sears Loses Out To Costco And Big Lots | www.forbes.com

Sears has a fundamental structural problem with its format, market appeal to the consumer and ability to resnate the differences shopping with them represent. The shift to the warehouse channel is a permanent one that greatly impacts those retailers who have in the past lived in the market somewhere between a specialist and a discounter. Sears still has tremendous brand equity through its name and its private label goods which is being squandered through a lack of strategic vision for change.

George DorkhomExecutive ChairmanGREENKOTE PLC

Emerging markets will continue to fuel the growth of global economy

May 1, 2008

Analysis of:Global steel prices - brace for a correction? | www.reuters.com

The article rightfully points out to the increase in demand for steel products and metals in general and that countries as India, China and the Middle are one big construction site with high demand for raw metals thus increasing  prices of the benchmark products such as hot-rolled carbon steel to a record high. However, the article failed to mention the huge out-put of steel and metals that some of those countries produce, such as China which currently is the number one producing country in th world with 500M MT annually, in additions to the new comers such as Brazil with high quality products but less expensive production cost . What the article  also misses is the huge cash reserves that these countries have accumulated and the tremendous economic growth that they are experiencing in certain sectors of some 30% annually with a combined GDP projection of 7-8 %.

George DorkhomExecutive ChairmanGREENKOTE PLC

A Disgrace ..is an understatement

April 7, 2008

Analysis of:Heathrow’s older terminals still a disgrace, travellers say | travel.timesonline.co.uk

London Heathrow is a problematic airport,  outed over congested and overely expanded facility. But beyond all this it is mismanaged and customer care  does not exist in the employees mind. Most business travelers are avoiding Heathrow and traveling out of London City airport , a smaller more effecient airport. I had a personal experience just three weeks ago where I had a two hours meeting in London flying out of Berlin, I was delayed two hours in the inbound and three hours on the outbound..With no information available and the treatment of passengers is beyond any description. I predict that Heathrow will soon see a down turn and the situation will effect the British economy in General.

Gregory BirgeFounder and CEOF5 Digital Consulting

What is the next step for Apple

January 28, 2008

Analysis of:Are Investors Unfairly Sour on Apple? | www.businessweek.com

The Apple stock price went from $10 to $200 in less than 7 years. This is a remarkable performance but most investors are worried and would like to have insights on Apple's next move.

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