SI
SI
discoversearch

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.
Non-Tech : BBY -Best Buy -- Ignore unavailable to you. Want to Upgrade?


To: Richard Tsang who wrote (776)4/1/1999 10:12:00 AM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 980
 
Richard~

unless the rumor of being added to SPX

i had heard that too and i think posted it back a bit. the possibility along with the earnings should hold the price up. but who knows.

sherry



To: Richard Tsang who wrote (776)4/30/1999 9:01:00 AM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 980
 
NEW YORK, April 26 - Moody's Investors Service placed the Ba2 rating of Best Buy Company, Inc.'s. $220M senior unsecured revolving credit facility under review for possible upgrade reflecting the improvement in the company's operating performance and debtholder protection measures.

Moody's review will focus on the outlook for further sustained operating improvement, including consumer demand for electronic products and accessories, as well as the company's financial policy and investment needs.

The ratings continue to take into account strong competition from regional and national consumer electronics chains, the growth of Internet retailing, and the uncertainty surrounding the computer retailing industry.

Best Buy, Co., Inc., headquartered in Eden Prarie, Minnesota, is a leading discounter of consumer electronics, home office products, appliances, and entertainment software.

Revenues were $10 billion in the year ended January 1999.




To: Richard Tsang who wrote (776)5/2/1999 9:44:00 AM
From: Richard Tsang  Respond to of 980
 
It didn't quite go to 41-42, but just touched below 44. What causes that drop? Anyone has any idea? Will it test the support level again?

RT