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Non-Tech : Circuit City (CC) -- Ignore unavailable to you. Want to Upgrade?


To: P.M.Freedman who wrote (2)6/13/1999 8:07:00 PM
From: Sergio H  Respond to of 31
 
CC's proposal to double the shares will be voted on at their annual meeting 6-15. It's not clear to me exactly what the motive is. A Car-Max spin off would be great for CC's future. Perhaps better than a 2-1 split.

I understand that Car-Max and the lack of DVD components for sale in a portion of the Circuit City stores will provide a drag on earnings due this week.

AS



To: P.M.Freedman who wrote (2)6/15/1999 5:40:00 PM
From: Sergio H  Read Replies (2) | Respond to of 31
 
Run-up before earnings has been excellent. I'll probably seel tomorrow and re-enter after earnings.

AS