Under capitalized and credit based firms or companies who buy their inventory with credit or companies whose sales are dependent on credit.

The auto industry, for example, is dependent on their prospective buyers obtaining credit to buy their product. No credit, no sales.

Companies like Circuit City (to the best of my knowledge) bought their inventory with credit not capital so when sales are slow they can't service their debt.

I'm sure Microsoft's sales are down also but they are a debt free corporation.

Companies not affected or that are recession proof,... grocery stores, beer distributors, funeral homes, auto repair, medical providers and most all forms of insurance,... etc.

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

yes circut citys are closing everywhere now. Not a good thing. Also I went to go look at new cars, there throwing cars at people left and right especially trucks. They were trying to sell me an 08 truck, ford of course for 13,000 $ , now thats desperate.