BBY -Best Buy Message Board

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Non-Tech : BBY -Best Buy

BBY 75.72

-0.6%

Nov 14 9:30 AM EST

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To: Richard Tsang who wrote (808)	9/3/1999 9:21:00 AM
From: Rainy_Day_Woman	of 980

from closing bell: Most retailers reported strong same-store sales increases. But electronics retailer Best Buy Co. (NYSE:BBY - news) was hammered down $9.88 to $62.06 after it failed to exceed expectations. Sales at stores open at least a year rose 11.1%, which was in line with estimates. But investors have become accustomed to Best Buy beating estimates and thought strong sales of PCs and new digital products would provide an upside surprise. (But that wouldn't have been a surprise, now would it? Never mind.) Well, they got a surprise all right.

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