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Tiffany's is reporting a 62% drop in sales. Will their bailout have a high price tag? :)

By Wide Awake @ got 2nd house choice Asked May 29 2009 10:16AM
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Top Answer out of 5

by Someguy is sad again on May 29, 2009 at 10:17 am Permalink

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No, but the box it comes in will look beautiful!
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Avatar Wide Awake @ got 2nd house choice May, 29 2009 at 10:18 AM
Those boxes are kinda neat, agreed. lol

Answer 2 out of 5

by Sixty B - Commander Topcoat on May 29, 2009 at 6:13 pm Permalink

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I thought diamonds were forever !
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Answer 3 out of 5

by Son of Cleaver on May 30, 2009 at 5:39 am Permalink

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Why would Tiffany's get a bailout? Is Tiffany's a critical business? The auto and financial industries represent a foundation of the U.S. economy. Tiffany's does not. In fact, Tiffany's only represents about 7% of the U.S. specialty jewelry industry. I didn't realize that until I spent a lot of time studying the company a few years ago.

The underlying point is if Tiffany's goes into bankruptcy, I doubt it could have the crushing impact on the U.S. economy as either the financial or auto industry would.

However, as a shareholder, I'd be royally pissed off.
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Avatar Wide Awake @ got 2nd house choice May, 30 2009 at 10:01 AM
It was more of a joke question - hence the "conversational" classification.

Answer 4 out of 5

by Rasher of Bacon on May 30, 2009 at 5:06 am Permalink

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all high end retailers are off this quarter Tiffany's has A-Brand equity
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Answer 5 out of 5

by royal77 says hello friend on May 29, 2009 at 6:20 pm Permalink

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I hope the bailout doesn't come out too expensive.
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