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Non-Tech : BBY -Best Buy
BBY 82.14-1.3%Oct 31 9:30 AM EST

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To: Steve Sucheck who wrote ()9/27/1996 7:55:00 AM
From: Bob Mutchler  Read Replies (1) of 980
 
Regarding Best Buy;

I'm not sure about earnings, but the stores are jammed packed in the DC metro area. They seem to be in a competitive market with Circuit City (they easily trash them), Comp USA, Computer City, etc. Their store volume looks good (to me as a consumer, not an analyst), but they are in a low margin tough business. I also hope they do not over expand (stores are showing up everywhere in the DC area).

I'll do some technical analysis and get back to folks.
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