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Tony_Balony
Joined: 12 Apr 2007
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 Posted: Tue Aug 14, 2007 9:42 am Post subject: Mattel recalling 9 million plus toys |
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Thats a lot administration for the business. They have to get the toy, refund the money and dispose of the toy. I have a chance to China bash but i don't need too.
I looked at mattels (MAT) stock price and I didn't notice any appreciable decrease. Why? Something like that is suppose to sting. |
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On the other hand
Joined: 19 Apr 2003
Location: I walk along the avenue
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| Posted: Tue Aug 14, 2007 9:44 am Post subject: |
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| Link? |
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Tony_Balony
Joined: 12 Apr 2007
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Optimus Prime
Joined: 05 Jul 2007
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| Posted: Tue Aug 14, 2007 10:40 am Post subject: |
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| Another nail in the coffin for China. All these safety issues are setting them back 20+ years. Good news for Korea. |
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Tony_Balony
Joined: 12 Apr 2007
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| Posted: Tue Aug 14, 2007 11:04 am Post subject: |
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| An economic jaggernaut based on intellectual property theft and slave labor. It has a real bubble flavor to it. |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Tue Aug 14, 2007 1:41 pm Post subject: |
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some wishful thinking going on here. China's economy isn't going to crash.
That being said, inflation and wage increases are making China less competitive. Multi-nationals are starting to look elsewhere for cheap labor. |
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Gopher
Joined: 04 Jun 2005
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| Posted: Tue Aug 14, 2007 2:41 pm Post subject: |
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| Tony_Balony wrote: |
| I didn't notice any appreciable decrease. Why? Something like that is suppose to sting. |
NPR briefed this story this morning. Its analyst reported that this represented no more than a small fraction of the company's operations and product. No biggie. |
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