BBY -Best Buy Message Board

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Non-Tech : BBY -Best Buy

BBY 79.04

+0.5%

3:59 PM EST

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To: Dhamo who wrote (149)	2/12/1997 9:39:00 PM
From: Parker Benchley	of 980

To All: I'm new to this thread but I've owned Best Buy several times in the past years. I live in the Minneapolis area and have watched this company grow since day one from the Sound Of Music days. It "may" reorganize but it won't evaporate. Even if it happens, remember what Chapter 11 really is. To realign the corporate structure and debt hardly spells liquidation. Stock doesn't stop trading and the sky needn't fall. In many cases this type of vacation is just the rest many companies have needed to come back with a vengence. These are clever, incredibly market savvy people. Schulze will not let his efforts fade and dismally wither away. The entire sector is depressed at the moment. It's just a cycle with a chance to pick up some shares at basement prices. IMHO, BBY will rise like the Phoenix (like in the past) and see the high teens to the low twenties within the year. This isn't nostalgia, just a wider scope and belief in a great company. Onward and long on BBY, George

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