GREY:SCSZF - Post by User
Comment by
newcomer21on Jul 21, 2004 10:58am
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Post# 7730040
RE: SCS promotional email
RE: SCS promotional emailIt was not Idle but I who started this little rant on SCS so some further comment is warranted. My assessment is that SCS is not going to succeed as the "grand slam" that I and many other here hoped for.
They will probably survive and the stock price will return to .25-.30 which is my average cost. I will get out as quickly as I can. My guts tell me that managemet is not top shelf. They are not even mid-shelf. They are clumsy well meaning folks who can't figure out how to take ideas from expenses to income to profit.
The retail consumer market is getting swamped with offerings from Priceline.com, Expedia, and everything in between.
The reality seems to be that the future of the TA business will continue to be a highly competitive and low margin affair. There will always be a tour business and SCS's TT will have some legs but otherwise there will be only scraps left over to sweep together into a modest business but nothing more.