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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (1030)	4/28/2006 5:03:20 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

AET Aetna, to me the sharp drop looks over done, citing rising factor costs alone is nothing new and a poor catalyst to sell off the stock. After all Aetna will pass on the cost though increased premiums so it may be actually good value here. Any opinions?

To: Bill Wexler who wrote (1030)	4/28/2006 6:35:22 PM
From: Bill Wexler	Read Replies (3) \| Respond to of 6370

More on CC - in my opinion, an interesting "tell" is Sandisk's (SNDK) 4/21 report: marketwatch.com I wouldn't consider shorting SNDK..but I was intrigued by the fact that the demand for memory for everything except mobile handsets was slacking off. I don't think it's doom for CC (at least - not yet :) ), but - obviously - the retail outlets have been experiencing some flattening of demand. CC's current stock price is discounting a much rosier outlook. I think it goes lower because revenue is gonna be a bit light, and there's definitely going to be a bit more margin pressure coming from all directions. CC's margins are significantly thinner than BBY's, yet it currently trades at a much higher P/E. I think fair value is closer to 22 - 23.

To: Bill Wexler who wrote (1030)	12/19/2006 2:15:30 PM
From: Bill Wexler	Respond to of 6370

Bwahahahahahahaha... biz.yahoo.com Too bad I covered this one a tad early....could've made a lot more money.

To: Bill Wexler who wrote (1030)	5/1/2007 7:08:14 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

CC is now at 16, off another 8% on expected loss and slow sales.. Circuit City cut at Citi, more bad news could come By Aude Lagorce Last Update: 5:38 AM ET May 1, 2007 LONDON (MarketWatch) -- Citigroup downgraded electronics retailer Circuit City Stores (CC : 17.45, -0.48, -2.7%) to hold from buy and reduced its price target to $17 from $26 following the second cut in guidance by management in the space of one month. The broker told clients its downgrade was driven by its belief that there may be more bad news to come. It noted that the company's transaction close rates are deteriorating and that its market share is falling. It added that the company's investment heavy turnaround was dependent on a stable industry environment and the maintenance of sales, two factors it said appear to be worsening.