michael6296

Hey Blockbuster, Still Want To Buy Circuit City?

There are 2 likely scenarios. 1) It's time to short. at least a segment of the customer base that knows what is going on will move their business to others like BBuy. Why risk availability of after the sale service form a dieing company. 2) Wait a while. If I was Bbuster, I would wait for another restructure that has to happen, closing more stores etc. Wait for the results and acquire/bid for a lighter weight company with fewer "pig" stores.

After CC lowered sales force compensation, they lost their best people, their identity and niche in this highly competitive market. Before the move, I gladly paid more for the advice of higher skilled, more knowledgeable sales people. Not now. For betraying their brand, the company will die a slow death. Too bad we cannot get back the executive incentive compensation we paid those boobs who developed and approved the failed strategy. Hey Eric, why don't you and SA create a black list of executives with failed strategies, those that destroyed significant shareholder value or worse, like CC, killed companies? Then report to us on where they landed! Then I could avoid buying the hiring company's stock. Let's keep these bums out of public company leadership roles!