d_sat

Circuit City Still for Sale - Who'll Buy It?

with a brand as big as circuit city, i just think it is a short-term pain (say 1-2 years). with better management and compensation structure and with increased focus on its webiste sales, it should be up and running and be able to compete with best buy. honestly, i still prefer shopping at cc rather bb (although i rarely shop in-store). my price target is $6-7 by end of 2009. this stock is a buy in my book.

Cheap Chindian Cars and High Priced Oil Don't Mix

idiotic article.... i'm originally from india (born and raised, and lived there until age 21). lived in america for 5 years now. the author mentions the middle class starts at anyone hwo makes more than $2K a year. but thats a starting point. ppl making 100K a year are also considered middle class. don't forget that india has more than a billion ppl. so there is a huge segment of ppl making anywhere between $2K and $100K, who not only want cars, but also want environmentally friendly and less fuel-consuming cars. and hence, the high demand for these cheap and environmentally conscious cars. also, i would say the average miles a person drives a year would be in the ballpark of 3000-4000. maybe even less. the author is stupid enough to think that the entire middle class makes only 2 grand. i'm not denying that thse middle class ppl would eventually drive the price of oil up due to heavy consumption, but the point he's trying to make about unaffordability of car and fuel as of now is completely bogus.