Faisal Laljee

Circuit City Raises Dividend; Bad Store, Great Stock?

I wouldn't be surprised if Circuit City decided to go private (like how Linens-n-Things did). There is only room for one Electronics retailer in my opinon and thats Best Buy. I do agree that with lower expectations and an almost bankrupt company some 4 years ago, Circuit City has done well to emerge a stronger player than people expected, but considering that Walmart, Target and Sears also have Electronics departments that take away business from Best Buy and Circuit City, I believe the stock has made most of its move.

-- Faisal Laljee