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To: NOW who wrote (227546)3/12/2003 2:19:24 PM
From: Gut Trader  Read Replies (1) | Respond to of 436258
 
BBY charging me interest on interest free purchases..so they must be doin good



To: NOW who wrote (227546)3/12/2003 2:22:45 PM
From: reaper  Read Replies (1) | Respond to of 436258
 
re: BBY. no, not really. they are eating CC's lunch, while at the same time WalMart is eating their lunch. which works out as a net neutral i think. the long-term negative at BBY i think is that consumer electronics are IMO in a secular price deflation, without any new products to drive sales of higher-priced goods, which is going to make getting positive comps on a consistent basis really tough.

Cheers