beezlebub

Blockbuster - Profiting More Than the Profiteers

i failed to note, but you may have guessed, i am long bbi

Blockbuster - Profiting More Than the Profiteers

debt load has been declining rapidly...and will continue to do so, as cash generation heads to paying down debt....as for catalysts, near term spark off the current valuation won't take much....2H08 dvd rental slate is strong, cost cutting is in place, DVD's are a cheap entertainment option in a recessionary environment, roll-out of movie-link, rationalized pricing structure should be effective very soon...there are a host of things that get the stock moving,,,as for longer term...that is a much murkier call to make, and explains keyes attempt at cc....
not sure what 'make this thing whole again' means, but i do think the stock moves up sharply off its current levels, not to 20....but could reach mid single digits...nice % change

Blockbuster - Profiting More Than the Profiteers

wholeheartedly agree.... in a tough consumer environment, dvd's offer the cheapest form of entertainment (or close to it)..... as an aside, i get highly amused at the ranting of many others that bbi is dead due to its lack of presence in the download segment....BBI has the largest library of digitized movies, thx to the cheap acquistion of movie-link last year...this channel will be unveiled in the very near term...along with this unveiling, bbi will restart its marketing efforts.... i see nothing but upward momentum for the stock as these this efforts gain traction. it seems that as bbi slowed its marketing spend to focus on profitable enhancements to the catagory killing 'total access' product...investors seemed to forget how formidable bbi is in this market segment. though i will add the nflx has not forgotten, each of the last couple of earnings call they have tempered outlooks with comments like 'it depends on bbi's marketing effort' (paraphrased)... and finally, nflx's partnering with mfst's xbox for movies is not surprising, hastings (the ceo) sits on msft's board (how he got that position is beyond me)...it seems likely that bbi will partner w/ sony's playstation ,,,a tit-for-tat..though it remains unsaid if either partnering is exclusive...at any rate, enuff ranting from me...needless to restate, i agree with your assertions....

Blockbuster: Driving Off a Cliff?

there is no real property to divest...CC and BBI are both nearly completely leased.....it will cost BBI a a good chunk of change to break CC leases (CC has been trying to do this to no avail)....would you drive to the local shopping plaza, battling traffic etc along the way to rent a movie because the downtown BBI store was shuttered because its within 5 miles of an existing CC store? ideally the deal falls through....


On Apr 14 05:09 PM buyforeclosures wrote:

> First of all this isn't Residential real estate. Commercial real
> estate is actually up this year.However, that being said I am not
> sure if this is going to work out or not...but kudos to BB for showing
> some juevos and trying to get this stock to break out of the doldrums.
> Sure its down 12% today but 2 years from now they will look like
> geniuses or poster boys for the Motley fools. I think they can always
> divest the real property and wont lose a lot on that aspect of it.