Eugene David
...The One-Minute Pundit

Friday, May 20, 2005


There's one reason Maytag's going for a fire-sale price: Hoover. A company with a rep for quality bought the GM of vacuum cleaners, then the unit staged a disastrous sweepstakes in England from which it never recovered. Plus how many people really want to buy another white box that makes noise? One hopes the company won't go the way of Studebaker or AMC, but there do seem similarities.

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