Circuit City Stores (CCTYQ)

Add a New Bulls Reason Company: Circuit City Stores (CCTYQ) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Blockbuster (BB) offers to buy Circuit City at $6/share. Top Contributor: Jason Mather | Created when OTC:CCTYQ was $3.90 | Edit | History Given the current administration and minimal direct competition, acquisition should face no opposition and currently offers a 50% premium over stock price (as of 4/14/08). (100 character max) Cancel 0% agree 0 votes   Management focuses on core business and cost control Top Contributor: Alex Hudson | Created when OTC:CCTYQ was $16.07 | Edit | History Management has increased focus on core business, and has moved to control costs and increase profitability. (100 character max) Cancel 0% agree 0 votes   Circuit City hopes a change in tactics will spur additional growth Top Contributor: Alex Hudson | Created when OTC:CCTYQ was $16.07 | Edit | History Store remodels and relocations will drive more traffic to stores, while the company's emphasis on multi-channel sales will spur additional growth in online and phone sales. (100 character max) Cancel 0% agree 0 votes   Circuit City focuses on flat panel and digital TV Top Contributor: Alex Hudson | Created when OTC:CCTYQ was $16.07 | Edit | History Circuit City has positioned itself to take advantage of the continued demand for flat panel TVs and the coming transition to digital television. The launch of their firedog service brand increases profit margins, as well as creating positive differentiation from low-cost discount retailers. (100 character max) Cancel

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