SJAmes6621

Circuit City's Potential Buyers Offer Hope for Sirius Investors

terrible mgt incompetence, and they treated their employees as s..t. And with the terrible turnover of their employees, hardly anyone knew what was going on. And most of the employees didn't care - they understood how they were being used while the mgt raped the corporation

Furthermore, about 3 years ago it was evident that the main business was a bust. The only places CC was making money was their own Credit card operation (sold off to one of the banks) , and extended warranties which most people have realized are just a cash cow and a terrible deal for the consumer.
And someone told me they were selling computers at a 16% LOSS, and that doesn't include the overhead costs. Hell of a way to run a business.

We'll see what happens, but i made one correct decision it seems - not to speculate on buying 1000 shares at 10-12c/share.