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Company: Cabela's (CAB)
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0%
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1 votes

edit cabelas has made a bad decision to expand the number of stores in a tough economic time

Cabelas expanded the number from three to 30 stores in a time when the economic time is in tought shape. Cabelas gambled big time that this realively successful mail order business would experience the economic growth which had occurred in the 1990's and early 2000"s. In addition they gambled by owning a bank the good economic times would continue and we have seen the slowest economic time since the 1930's. This stock that was at a 28 dollar range in July 2007 has declined to the 4-5 range of today.

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40%
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5 votes

edit There are a number of strong competitors in the space such as REI and Dick's.

There are a number of strong competitors in the space such as REI and Dick's.

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42%
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7 votes

edit Cabela's already has stores in the largest demographic markets for hunting and fishing.

Cabela's already has stores in the largest demographic markets for hunting and fishing.

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44%
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9 votes

edit Hunters & fishermen are an endangered species

Cabelas is focused on a shrinking demographic. Namely: hunters and fishermen. http://www.predatorialadvertising.com/our_demographic.html

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