Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (30598)	2/22/2002 11:03:55 AM
From: Chris	Read Replies (1) of 52237

note the dates: wed. feb 20 merrill raises Circuit city biz.yahoo.com today feb 22 07:18 ET Circuit City warns for Q4; details CarMax spin-off plan (CC) 23.59: Co warns that sales for January and February combined are running below expectations. As a result, co projecting Q4 earnings from the Circuit City biz of $0.68-$0.71. Total EPS for the qtr, including CarMax contribution and increase in lease termination costs, forecasted at $0.70-$0.74 (consensus $0.75). Co also announces plans to separate the CarMax business from the Circuit City business in a tax-free split-off.

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