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billddrummer

billddrummer
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  • BlackBerry to be acquired by Fairfax-led consortium for $9/share [View news story]
    Closes at $8.75
    Sep 23 01:58 PM | Likes Like |Link to Comment
  • BlackBerry: This Is Just Plain Ugly [View article]
    Please educate me about the difference between call phones and cell phones.

    Thanks.
    Sep 22 03:31 PM | Likes Like |Link to Comment
  • BlackBerry: This Is Just Plain Ugly [View article]
    Good comment--if the Gartner article has credence (likely), it shows Android and iOS representing 93% market share in operating systems, while MSFT has a stranglehold on a 3.3% share.

    A 96.5% combined market share for the three top OS means a nearly insurmountable barrier to entry for anyone else.

    BBRY shows up with a 2.7% OS market share (behind MSFT, which has struggled in this space), and is buried in the "Other" category of handset sales, indicating a market share below 4.3%.

    Grim and getting grimmer.
    Sep 22 01:36 PM | 4 Likes Like |Link to Comment
  • BlackBerry: This Is Just Plain Ugly [View article]
    I disagree.
    Sep 22 01:17 PM | 2 Likes Like |Link to Comment
  • Disney delays release of next "Pirates" movie [View news story]
    Arrrrgh!
    Sep 11 08:07 PM | Likes Like |Link to Comment
  • Rumors Of RadioShack Refinancing Are Unlikely [View article]
    I have to agree that the company is moving far too slowly to trim its store count.

    I said the same thing about BBY when it announced its plans to close 50 big box stores.

    50 seemed like a big number to them because the management team is wedded to the big box concept.

    Consumers aren't.

    I discuss the impact of keeping stores open which benefit from below market lease rates here:

    http://seekingalpha.co...

    Now, to be fair, that situation does not seem to impact most RSH locations.

    And their square footage/store isn't a large enough number to warrant a below market lease rate.

    On the other hand, anchor tenants like BBY were actively wooed during the boom.

    But I digress.

    When a same store sales decrease of 0.4% is cheered as a 'win,' it's difficult to muster the energy to pop the champagne cork.

    Your point about the leases is equally valid.

    If RSH waits for those leases to cycle before closing the stores, the company may find itself needing to close all of them.

    Thanks for reading my comments!
    Sep 10 09:56 PM | Likes Like |Link to Comment
  • Disney delays release of next "Pirates" movie [View news story]
    Unlike prior releases, Johnny the Depp gets $50 million for his prancing around.
    Sep 10 09:48 PM | Likes Like |Link to Comment
  • Blaming Obamacare For Decline In Average Work Week Hours [View article]
    Thank you for the useless rant.

    You can go back to the playground now.
    Sep 8 12:33 AM | 2 Likes Like |Link to Comment
  • Rumors Of RadioShack Refinancing Are Unlikely [View article]
    I have really enjoyed this article. It's unreasonable to presume that RSH will find willing investors to refinance existing debt at lower rates, simply because the risk premium for the company is much too great.

    And if the company is expecting to wrap all of its existing debt into a longer-term facility, rates and financing costs, in addition to the prepayment penalties on its existing debt, would absorb much of the anticipated 'savings' such an action would reap.

    A more reasonable course of action, albeit a painful one, is to shrink the store count to free up cash which is tied up in long term lease commitments.

    Most everyone can agree that there are too many RSH storefronts. I wonder what reducing the count by 20% (company-owned stores) would mean in the form of cost savings in staffing, inventory management, logistics and rent.

    More than likely, those bottom 20% would not be missed.

    Comments are welcome.
    Sep 5 02:51 PM | Likes Like |Link to Comment
  • The Sad State Of Consumer Income [View article]
    Fine.

    We agree to disagree.
    Sep 3 02:36 PM | Likes Like |Link to Comment
  • Rumors Of RadioShack Refinancing Are Unlikely [View article]
    I'd tend to agree.
    Sep 2 02:25 PM | Likes Like |Link to Comment
  • The Sad State Of Consumer Income [View article]
    Have you been on welfare?

    If not, keep silent.
    Sep 2 02:23 PM | 1 Like Like |Link to Comment
  • The Sad State Of Consumer Income [View article]
    I'm not denying that you've paid your fair share of taxes.

    On the other hand, stock options and other types of compensation which are not wages are considered capital gains transactions.

    The .1% earn a preponderance of their income from those transactions, rather than from wages.

    And that's the reason, I believe, that the tax rate for this income group is lower than one would expect--even though they certainly pay the most taxes on both a percentage and an absolute basis.
    Sep 1 10:23 PM | 1 Like Like |Link to Comment
  • RadioShack Is Not Worth The Gamble [View article]
    Thanks for the referral.

    You might be able to apply the same timeline to BBY.

    After a period of 'do no wrong' with Schultze, Dunn and the insiders who built the company, it's now being run by an avowed turnaround specialist.

    Short term gains--Clearly.

    Customer focus? Not so much.

    We will see what happens with the last nationwide consumer electronics chain.
    Sep 1 02:50 PM | Likes Like |Link to Comment
  • Report: Google looking to rent a lot of Best Buy store space [View news story]
    I think the square footage being bandied about is far too much.

    600 sf seems more feasible.

    6000 sf would rival Magnolia Home Theater installations in the largest stores, including viewing and listening studios.
    Sep 1 05:13 AM | Likes Like |Link to Comment
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