It's the beginning of the end

miir · Post by **miir** » January 23, 2003, 12:57 pm

OAK BROOK, Ill. (Reuters) - McDonald's Corp. MCD.N on Thursday reported its first quarterly loss ever after booking huge charges to shut down hundreds of weak performing restaurants overseas and said expectations of double-digit profit growth are unrealistic.

Chidoro · Post by **Chidoro** » January 23, 2003, 1:02 pm

Well, at least the lawsuit for fat people was dismissed

Lalanae · Post by **Lalanae** » January 23, 2003, 1:46 pm

McDonald's allowed their reputation as halfway-decent fast food spiral down the drain over the last 10 years. I won't set foot inside a McDonald's now and just the thought of having to eat anything there makes me want to gag.

The fact that people take their kids there should be considered child endangerment, IMHO.

Animalor · Post by **Animalor** » January 23, 2003, 1:48 pm

The only reason I go to McD's is for their soft serve. They come in handy when I don't wanna drive all the way out to DQ.

Post by **Xouqoa** » January 23, 2003, 1:54 pm

Their fries are the best if they are cooked right.

Gurugurumaki · Post by **Gurugurumaki** » January 23, 2003, 2:03 pm

McD's P/E is fairly decent around 12.00, but their dividend is too high. They need to slash their dividend in half and invest the remaining back into the company. The Beta is low as well, which is good. They were caught up in "build as many as possible" and it is backfiring. I'm sure when the economy turns around, and they do some internal revamping, people will get as fat as ever from Big Macs and the like~

vn_Tanc · Post by **vn_Tanc** » January 23, 2003, 2:36 pm

McD's P/E is fairly decent around 12.00, but their dividend is too high. They need to slash their dividend in half and invest the remaining back into the company. The Beta is low as well, which is good. They were caught up in "build as many as possible" and it is backfiring. I'm sure when the economy turns around, and they do some internal revamping, people will get as fat as ever from Big Macs and the like~

Surely you mean:

McD's P/E is fairry decents around 12.00, but their dividend is toos highs. They need to srash their dividend in harf and invest the remaining back intos the companys. The Beta is row as werr, which is good. They were caught up in "buird as many as possibles" and it is backfirings. I'm sure when the economy turns around, and they do some internar revamping, peopres wir get as fat as ever from Big Macs and the rike~

?

kyoukan · Post by **kyoukan** » January 23, 2003, 2:39 pm

they are just losing money in this price war. eventually they will beat the competition down and will be able to jack up the prices again!

Capitalism will prevail!!

Voronwë · Post by **Voronwë** » January 23, 2003, 2:40 pm

lol tanc

Millie · Post by **Millie** » January 23, 2003, 2:43 pm

McDonald's is being beaten at the game it practically invented by such chains as Taco Bell. Taco Bell and its imitators can sell twice as much food as McD's at nearly 1/5th the cost, and at better quality. And then there are the "mid-range" chains, like Baja Fresh (now owned by Wendy's), that are offering very high quality food at McDonald's-style prices. Meanwhile, McD's has not changed its quality or pricing plans. People are starting to catch on.

McDonald's was transformed from a struggling chain into a worldwide super-giant through the business genius of Ray Krock. His death several years ago has rocked the company's management, and the McDonald's Corporation has never fully recovered. Back in the day, McD's was a company that always weathered recessions and never posted a quarterly loss. It was invincible. I guess that's no longer the case.

Winnow · Post by **Winnow** » January 23, 2003, 2:50 pm

Millie wrote:McDonald's is being beaten at the game it practically invented by such chains as Taco Bell. Taco Bell and its imitators can sell twice as much food as McD's at nearly 1/5th the cost, and at better quality.

Why do you post shit we already know? Didn't you see Demolition Man? We already know Taco Bell will win the food war and be the only restaurant in the future.

Chidoro · Post by **Chidoro** » January 23, 2003, 2:50 pm

Just how they "cook" things now should be an indication. Even though the burgers were fried, at least they were fried then used. Now they put them in some heating contraption with nearly a hundred others. The whole thing looks sickening. I've got no beef with their fudge sundaes though. Small and simple.

Burke · Post by **Burke** » January 23, 2003, 3:09 pm

You've got no beef with their sundaes and they've got no beef with their hamburgers. HA

Sorry, couldn't resist.

Shaerra · Post by **Shaerra** » January 23, 2003, 3:18 pm

...and too much beef in their fries.

Soriathus Serpentine · January 23, 2003, 3:25 pm

Lalanae wrote:McDonald's allowed their reputation as halfway-decent fast food spiral down the drain over the last 10 years. I won't set foot inside a McDonald's now and just the thought of having to eat anything there makes me want to gag.

Agreed, VIVA LA Jack in the Box!

Winnow · Post by **Winnow** » January 23, 2003, 3:36 pm

Shaerra wrote:...and too much beef in their fries.

hehe aye.

http://www.commondreams.org/headlines02/0308-02.htm

Beef flavored fries will cost you!

kurzweil · Post by **kurzweil** » January 23, 2003, 5:07 pm

In & Out frenchfries > McDonald's fries

Lalanae · Post by **Lalanae** » January 23, 2003, 5:17 pm

kurzweil wrote:In & Out frenchfries > McDonald's fries

In & Out?

You eat food from a place called "In & Out?"

kyoukan · Post by **kyoukan** » January 23, 2003, 5:21 pm

In & Out Burger is the best fast food in the world.

They treat their employees really well too.

Lalanae · Post by **Lalanae** » January 23, 2003, 5:22 pm

Never heard of it

Truant · Post by **Truant** » January 23, 2003, 5:23 pm

homemade french fries > frozen refried bullshit

Post by **Xouqoa** » January 23, 2003, 5:25 pm

No In & Out's here... I do like Jack in the Box a lot though, wish they would open some in Florida. ><

Gurugurumaki · Post by **Gurugurumaki** » January 23, 2003, 5:26 pm

Tanc-my aporogies, I just wanteds to be understoods for once~ROFR

Shanks · Post by **Shanks** » January 23, 2003, 5:27 pm

double double animal style here i come

kyoukan · Post by **kyoukan** » January 23, 2003, 5:28 pm

Yeah In & Out is a California thing.. and I think maybe they are spreading out a bit. I wish there was one up here.

They're really popular in southern cally.. the fucking lineups are huge all day long and the food is awesome. They also invest in their employees so the service isn't just some high school dropout with his finger in his ear trying to short change you.

Burke · Post by **Burke** » January 23, 2003, 5:37 pm

After a bit of the ol' In&Out, do you and yer drogues hang out at the milk bar and then engage in some ultra violence?

Lalanae · Post by **Lalanae** » January 23, 2003, 5:39 pm

lol Burke

noel · Post by **noel** » January 23, 2003, 6:06 pm

Lalanae wrote:
kurzweil wrote:In & Out frenchfries > McDonald's fries
In & Out?

You eat food from a place called "In & Out?"

There's an In & Out near the strip in Vegas. I'd highly recommend hitting it for lunch while you're there.

Winnow · Post by **Winnow** » January 23, 2003, 6:18 pm

In-N-Out's are in Az as well. THey must put something in their sauce because just about everyone has positive things to say about their food.

Winnow · Post by **Winnow** » January 23, 2003, 6:20 pm

holy smokes...double post edited

Cattabrie · Post by **Cattabrie** » January 23, 2003, 6:37 pm

IN and OUT PwnS~. Theres only 4 things are there a double double. .double. .and single. .if you ask nicely they well give you the death burger which is a double double double!!! But im sure theres a max number on how many burgers you can eat and survive because im sure over 30 would be instant heart failure. .

Miss Brie!

kyoukan · Post by **kyoukan** » January 23, 2003, 6:50 pm

Burke wrote:After a bit of the ol' In&Out, do you and yer drogues hang out at the milk bar and then engage in some ultra violence?

pls sir don't make me be annoying internet messageboard movie quote nazi person, but you really brutalized that dialogue.

Senwen Aelabon · Post by **Senwen Aelabon** » January 23, 2003, 7:24 pm

Cattabrie wrote:IN and OUT PwnS~. Theres only 4 things are there a double double. .double. .and single. .if you ask nicely they well give you the death burger which is a double double double!!! But im sure theres a max number on how many burgers you can eat and survive because im sure over 30 would be instant heart failure. .

Miss Brie!

A double double double! Is that six?

If you ask, they will make a 4X4 - Four pieces of meat, four pieces of cheese, buns, etc. Imagine the cloggage!

kurzweil · Post by **kurzweil** » January 23, 2003, 7:33 pm

Senwen Aelabon wrote: If you ask, they will make a 4X4 - Four pieces of meat, four pieces of cheese, buns, etc. Imagine the cloggage!

I still remember your 10 hamburger episode, Senwen.

Senwen Aelabon · Post by **Senwen Aelabon** » January 23, 2003, 8:06 pm

kurzweil wrote:
Senwen Aelabon wrote: If you ask, they will make a 4X4 - Four pieces of meat, four pieces of cheese, buns, etc. Imagine the cloggage!
I still remember your 10 hamburger episode, Senwen.

I didnt have to eat for a whole day after that!

Millie · Post by **Millie** » January 23, 2003, 8:18 pm

In 'N Out rocks. It's certainly one of the best fast food chains out there. As far as I know, they now have franchises in Southern California, Arizona, Nevada, and (possibly) Colorado. For some reason, I don't think they've expanded north into the Bay Area or Fresno territory.

Shanks · Post by **Shanks** » January 23, 2003, 8:48 pm

In 'n Out is privately owned, there are no franchises.

laneela · Post by **laneela** » January 23, 2003, 9:01 pm

A friend of mine who lives in the bay area told me they opened up an In 'N Out there a few months ago...

Laliana · Post by **Laliana** » January 23, 2003, 9:04 pm

mmmm....In-N-Out

Millie · Post by **Millie** » January 23, 2003, 9:09 pm

Shanks wrote:In 'n Out is privately owned, there are no franchises.

Yeah, that's right...and by some weird Mormons, too.

That's why all the bottoms of fry containers and soft drink cups have Biblical proverbs on them. Usually it's John 3:16, but I've seen others.

kyoukan · Post by **kyoukan** » January 23, 2003, 9:23 pm

why would mormons be quoting the bible?

murr · Post by **murr** » January 23, 2003, 10:46 pm

I need to try this place..best around here is Steak N' Shake probably..Krystal is the own as well..

Acies · Post by **Acies** » January 23, 2003, 10:55 pm

kurzweil wrote:In & Out frenchfries > McDonald's fries

No offesne, but what crack are you smoking?
Not that MacDonalds fires are fabo or anything, but In and Out fries are the nastiest I have ever eaten.

Alfan · Post by **Alfan** » January 23, 2003, 10:59 pm

Confirmed In 'N Out in San Francisco as of late November. It can be found down by the fishermans wharf area--kinda near Ghiradelli square or whatever that thing is.

-Alfan

Zamtuk · Post by **Zamtuk** » January 23, 2003, 11:18 pm

In and Out has great burgers.

Shut the fuck up Donnie.

Mplor · Post by **Mplor** » January 24, 2003, 12:40 am

kyoukan type-R wrote:why would mormons be quoting the bible?

Mormons use the Bible as well as the Book of Mormon.

However, In-N-Out > God.

Burke · Post by **Burke** » January 24, 2003, 10:27 am

Kyo,

I wasn't quoting.

*~*stragi*~* · Post by ***~*stragi*~*** » January 24, 2003, 10:38 am

and how

Phugg_Innay · Post by **Phugg_Innay** » January 24, 2003, 11:15 am

In'N Out
http://www.in-n-out.com/

As Far N as Shasta now , we've had one here in Livermore for about a year now, and yup line around the building all day long. I miss the ones in So Cal though , NO walk up service avail in Camarillo , just a double drive through. The fries are THE BOMB , as long as they are hot. When they they cold they are the suck

miir · Post by **miir** » January 24, 2003, 11:49 am

Further proof that the end is near:

NEW YORK (Reuters) - Shares of Nortel Networks Corp. rose in trading before the bell on Friday after the supplier of telecommunications gear said it would return to profit in the second quarter after three years of losses.

Be afraid, be very afraid.