daffy

While Best Buy Sneezes, Circuit City Will Catch Pneumonia

What good news is there about CC?

It always seems like it is always negative on SA.

I bought in at about 4.10, and I am kind of curious as to whether to get out now, or wait out another few months before the next quarter's earnings are released. I hate to get into a non dividend paying slump of a non-performer.

The only good news is that I saw an article on customer satisfaction and CC's customer satisfaction rose 3% and BBY's went down 3% (according to rankings). I may be wrong on those numbers and it may be rating points (on a scale of 100). Regardless, that is no news since anyone who shops at both stores would probably readily tell you that BBY is a hugely high pressure sales arena. It almost feels like if BBY could cram stuff down your throat as you walk out the door they would. At least CC is mildly better.

How come no one ever mentions the fact that CC has so much cash floating around (maybe not for long) that at one point this winter, well over 50% of the stock's value was in cash?

Oh well, I still don't want to get stuck with a non-performer. I would just like to see if they is anyone out there who believes that I should hold onto my CC stock when I am already up quite a bit.