Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: CFA who wrote (13366)	9/23/2004 12:05:27 AM
From: John Koligman	Respond to of 13815

Hi E, You probably don't want to call me an investor for the most part <ggg>. Generally trade rapid fire and only get into these longer term (and longer term for me might be a few weeks to a few months depending on how the issue performs) when I see what I think are deals on firms like Nokia at my best guess on fire sale prices. Can't help you with Blockbuster as I don't follow it at all and so cannot venture an opinion on it. I hope you do well with it! Best regards, John

To: CFA who wrote (13366)	12/16/2004 12:46:30 PM
From: CFA	Read Replies (1) \| Respond to of 13815

<<BBI at $7 seems to offer the same great risk/reward trade-off as Intel at $13, Time Warner sub-10, and NOK at $11>> Blockbuster broke $10 today and seems to have lots of momentum, as Carl Icahn just jumped on board, saying that it's undervalued. Blockbuster's management has thoroughly impressed me over the past 6 months, launching new initiative after new initiative. I think that Blockbuster will be the Apple of 2005. Here's a short list of what's happened to Blockbuster over the past 6 months: (1) Split from Viacom and became independent (2) Launched an in-store unlimited monthly rental plan (MoviePass) (3) Launched DVD and Game Trading (return any DVD to a Blockbuster store and receive at least $5 store credit) (4) Launched online DVD rentals (5) Made a bid to acquire its main offline rival, Hollywood Entertainment (6) Ended Late Fees Over the next next few months, Blockbuster is expected to link its website with its stores, which should give it a sustainable competitive advantage over all other competitors. Within 6 months, I think that Blockbuster will partner with Amazon, whereby Amazon will provide a great website and Blockbuster will provide distribution. I doubt that Amazon is going to do online DVD rentals on its own, as it will have to spend hundreds of millions opening dozens of new distribution centers and stocking DVD libraries. When I purchased BBI at an average of $7.4, I was hoping for $10. However, I'm holding my shares and think that it will hit $12 in the short-term and $18 over the next 12 months.