Questions asked to my Magic 8 Ball:
Statement: Hello Magic 8 Ball. Well, you stated not long ago that our stock would fall to $5 and here we are. I must say that your prediction is a few months past the specific date, but I'll cut you some slack. No one else called it.
Q: Do you think Fossil's stock will rebound to $10 anytime soon?
A: Don't count on it.
Q: Why?
A: Reply hazy try again.
Q: Is it because some our products are out of date?
A: Yes.
Q: Is it because we have feckless leadership?
A: Yes.
Q: We used to have a great company with great Leadership. Did it start with bringing on IT Leaders from JCP?
A: Yes, definitely.
Q: Is it because we have too much debt on the books to service?
A: Without a doubt.
Q: What needs to be done to save the company?
A: Concentrate and ask again.
Q: What?
A: Concentrate and ask again.
Q: Oh I see, I'll be more specific. Do we need to reduce our dependence on merchandise like old school watches?
A: Most likely?
Q: Do we need to focus more on Leather Goods?
A: Without a doubt.
Q: Do we need to focus more on Jewelry?
A: Don't count on it.
Q: Do we need to focus on digital watches?
A: My reply is no.
Q: I see. Well, this doesn't sound good. Not too many options here. Can the company be saved?
A: Outlook not so good.
Q: Ok. Hit me with the truth. What is the date that the company will officially go under?
A: Can't predict now.
Q: Don't give me that crap! I'm not afraid of the truth. What is the date that the company will officially go under?
A: Better not tell you now.
Q: I will throw you in the (expletive) trash if you don't tell me! What is the date?
A: Reply hazy try again.
Q: OMG! I'll just put out some dates for you to consider. How about Feb. 2018?
A: My reply is no.
Q: How about May 2018?
A: My reply is no.
Q: How about Aug 2018?
A: My reply is no.
Q: How about Nov. 2018?
A: My sources say no.
Q: Your sources? What tha... How about Feb 2019?
A: Most likely.
Q: Most likely? Is this the date or not?
A: Signs point to yes.
Q: I see. Looks like Feb. 2019 is going to be it for us. Hey, will another company possibly purchase Fossil?
A: Outlook not so good.
Q: Magic 8 Ball! Yes or no!?
A: Very doubtful.
Q: I'm losing patience here! Will another company purchase Fossil or not? Yes or no!?
A: My reply is no.