Comments on: An Example of Deworsification: Blockbuster Buying Circuit City http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= By: Foobarista http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294765 Foobarista Thu, 24 Apr 2008 01:42:54 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294765 No, Sperry was one of the ancient computer companies. Univac was another, from the days when there was IBM and a bunch of small fry. I've never heard of a shoe company names Sperry. No, Sperry was one of the ancient computer companies. Univac was another, from the days when there was IBM and a bunch of small fry.

I’ve never heard of a shoe company names Sperry.

]]> By: Kitty http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294694 Kitty Wed, 23 Apr 2008 23:59:28 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294694 Toni - love it. Out of curiosity I just looked at Blockbuster yahoo message board on Yahoo finance. There is a suggestion that BBI buys Mac Donald. It'd be like buying stocks on margin as BBI doesn't have the money, but at least BBI could resell it and (maybe) make a profit. Maybe this is what BBI wants to do to Circuit City? Buy it low and sell it high? What is the breakup value of Circuit City? If it is greater than what BBI is offering, BBI could make money by just selling assets. At any rate, it is questionable if BBI would raise enough money, so we'll never find out how it'd work. Toni – love it.

Out of curiosity I just looked at Blockbuster yahoo message board on Yahoo finance. There is a suggestion that BBI buys Mac Donald. It’d be like buying stocks on margin as BBI doesn’t have the money, but at least BBI could resell it and (maybe) make a profit. Maybe this is what BBI wants to do to Circuit City? Buy it low and sell it high? What is the breakup value of Circuit City? If it is greater than what BBI is offering, BBI could make money by just selling assets.

At any rate, it is questionable if BBI would raise enough money, so we’ll never find out how it’d work.

]]> By: Fred http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294632 Fred Wed, 23 Apr 2008 22:12:05 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294632 Reminds me of what the ever-brilliant Fake Steve Jobs said in regard to the merger between Alcatel and Lucent: "Two boat anchors trying to teach each other to swim." Reminds me of what the ever-brilliant Fake Steve Jobs said in regard to the merger between Alcatel and Lucent: “Two boat anchors trying to teach each other to swim.”

]]> By: Ernesto@InsuranceYak.com http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294581 Ernesto@InsuranceYak.com Wed, 23 Apr 2008 20:34:13 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294581 It's a matter of convenience, instead of having to hate on two companies, now we can consolidate to just one? Investors too will appreciate the convinience of one company loosing their hard earned cash instead of two. It'll save a fortune in transaction fees and market research. Maybe for your next post, you can request everyone's favorite Blockbuster/Circuit City story. It’s a matter of convenience, instead of having to hate on two companies, now we can consolidate to just one?

Investors too will appreciate the convinience of one company loosing their hard earned cash instead of two. It’ll save a fortune in transaction fees and market research.

Maybe for your next post, you can request everyone’s favorite Blockbuster/Circuit City story.

]]> By: JLP http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294551 JLP Wed, 23 Apr 2008 20:14:13 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294551 Foobarista, Was that Sperry the shoe manufacturer? Foobarista,

Was that Sperry the shoe manufacturer?

]]> By: Foobarista http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294544 Foobarista Wed, 23 Apr 2008 20:10:03 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294544 Sounds like our old joke about Unisys, which was the merger of Sperry and Univac, which used the "power of two" tagline. We always called it "the square root of two"... Sounds like our old joke about Unisys, which was the merger of Sperry and Univac, which used the “power of two” tagline.

We always called it “the square root of two”…

]]> By: JLP http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294494 JLP Wed, 23 Apr 2008 19:06:07 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294494 Toni, That's awesome! Toni,

That’s awesome!

]]> By: Toni http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294491 Toni Wed, 23 Apr 2008 19:05:03 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294491 I think that they think....2 negatives make a positive...... I think that they think….2 negatives make a positive……

]]> By: Traciatim http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/comment-page-1/#comment-294464 Traciatim Wed, 23 Apr 2008 18:30:33 +0000 http://allfinancialmatters.com/2008/04/23/an-example-of-deworsification-blockbuster-buying-circuit-city/#comment-294464 @crazy (I couldn't resist): So now they rent movies, sell movies, and sell all the electronics that go along with enjoying movies. I wonder if you can rent big screen TV's now without returning them and, for your convenience, they will charge your card the $1799 + taxes and fees. @crazy (I couldn’t resist):

So now they rent movies, sell movies, and sell all the electronics that go along with enjoying movies. I wonder if you can rent big screen TV’s now without returning them and, for your convenience, they will charge your card the $1799 + taxes and fees.

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