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6 pts

Opinion on  Circuit City Stores Inc (CC)     Sector: Services  >  Industry: Retail (Technology)
Would U pass up this deal....?

Dec 21, 2007 08:28 PM GMT
100pureveg
Return Risk
-11.93% HIGH
Associate

Now seriously...if U were to walk in to a Circuit City store, and they had a 1x1 sq foot area in their store FOR SALE at less than $5...will U not buy it?

Further if the sign said "not only will U own that 1x1 square foot in the store, but will also share in whatever profits were generated by items sold in that 1 sq. foot area"...will U not just snap up that chunk of primo real estate ?

Forgive my caveman analysis, but I don't see how buying a share of Circuit City at less than the price of a Mocha Latte Grande is any different ?

I know CC shot itself in the foot by Dilbertly firing half of it's of hi-performing managers...but if I needed a gadget tonight, thats where I'd mostly go to....immaterial of stock-price.


CC:  This call was made on 12/21/07 @ $4.8
Rating:   Positive   $4.8 (12/21/07)
Gain/Loss:   n/a in 688 days


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