baobaobebe

Monday, February 22, 2010

DGTC

On Friday, Biajee went to the David Glass Technology Center (DGTC) for his interviews. We spent 10 minutes in the morning to help him get his tie right. He hasn't been using his tie for a while.

He met 3 teams and they were all very nice techy people. Biajee really loved them. "The question is whether they love you as well." I said to him after he got back home.

Biajee has an amazing memory. He was able to send out Thank You cards to most of the people he talked with. And of course, they teased him about his outfit. "You should dress up like that every day." One of the guys said. Everyone in DGTC was in jeans on Friday, a typical IT environment.

We also went to the Saturday morning meeting of Walmart. Walmart's comp store sales dropped 2% in Q4. Biajee and I were really disappointed at the news. Someone else stole Walmart's market share. There are all kinds of articles flying around in Wall Street at the moment about "Has Walmart Hit the Wall?"

It is still hard to tell. We want to see how our competitors did in Q4. Target will release their Q4 numbers this week. My gut tells me Walmart didn't do very well at all. Sam's Club had a great Q4 and so did Costco. Retail is an industry that really drives people to work their neck off. And it's so easy for insiders and outsiders to tell whether you've done a good job or not.

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