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Strategies & Market Trends : Brand Name Values and Turnarounds -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (66)7/27/1999 2:30:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 82
 
TSA Looks like a big bet on Harrosh being a real smart guy...much smarter than moi, because with all the significant players in the sports chain game [or at least listed ones] puking red ink and more competition coming from online* this doesn't look real appealing at first glance. Course a lot of folks were saying that when I bought BBY for a triple so who knows.
* I know, sports goods purchasing is often "hands on" but the hurt comes from shopppers groping the goods locally, then bypassing high price for online buy at lower cost. This puts downward pressure on margins in a business that currently has no margins, ouch.

All this based on pretty quick glance, and Harrosh does own sports stores so he oughta be good to follow if he's properly assessed the net threat.

good luck
bob