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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (9219)	1/12/2006 9:44:33 AM
From: Smiling Bob	Respond to of 19256

More reason to BBY short or trade options- 48.29 bid now Low margin items make up sales, and they'll be drying up RadioShack Confirms 2005 Profit Shortfall Thursday January 12, 8:23 am ET RadioShack Confirms 2005 Earnings Will Miss Goal, 4Q Total Sales Rose 5 Percent FORT WORTH, Texas (AP) -- The electronics retailer RadioShack Corp. on Thursday reaffirmed its 2005 earnings will miss its goal even as it reported total sales rose 5 percent in the fourth quarter, including 4 percent growth at stores open at least one year. Its shares dropped 74 cents, or 3.4 percent, to $21.06 in premarket trading. The company its earnings for the year will not reach its goal of $2.14 to $2.24 per share. It had said in December that it was "unlikely" to meet its profit expectations for the year. Analysts expect RadioShack to earn $1.69 per share, excluding items. RadioShack said total sales for the fourth quarter climbed to $1.67 billion from $1.59 billion a year earlier. Analysts forecast sales of about $1.65 billion, according to a Thomson Financial survey. "We drove strong sales in satellite radio, MP3 players, and digital imaging -- three of the categories on which we focused our resources the most during the holiday season," said David Edmondson, president and chief executive, in a statement. "Sales results were higher in these low-margin non-wireless categories; however, we also experienced lower sales in high-margin categories."