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| MuZI |
 Posted: Fri Apr 25, 2008 7:40 am Post subject: What do you think of CC and BBI |
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Investing Associate
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| PaulHugan2K |
| Posted: Fri Apr 25, 2008 11:33 am Post subject: |
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Investing Associate
Joined: 29 Sep 2006
Posts: 36
This Month: 0
Location: Lima, Peru
324.34 e$
Net worth: 17,722.54
Portfolio Value: 17,398.20
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Trades this month: 28
Churn Rate: 163.37%Items
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I think BlockBuster won't buy Circuit City. $1 billion for CC implies BBI to get a big amount of debt.
We can witness a takeover like ATI and AMD. And like that case, it can destroy more value for shareholders. |
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| MuZI |
| Posted: Fri Apr 25, 2008 6:43 pm Post subject: |
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Investing Associate
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| I see... that was a crappy question. 1 hour of looking around showed me that both companies suck. |
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| Novice Investing |
| Posted: Sat Apr 26, 2008 9:13 pm Post subject: |
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Investing Associate
Joined: 02 Jan 2008
Posts: 10
This Month: 0
Location: Indonesia
8125.45 e$
Net worth: 8,125.45
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| Circuit City has $ 300 Milion positive net cash and as such, it has the financial capabilities to acquire Blockbuster, not vice versa. However, I agree that mergers of both companies will destroy shareholders of both companies. |
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