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RadioShack Corp. Message Board

  • jjdonov jjdonov Mar 25, 2007 4:47 PM Flag

    Barrons pumping a la Cramer

    RadioShack shares could jump in 12-18 months -Barron's
    Sun Mar 25, 2007 3:52 PM ET

    NEW YORK, March 25 (Reuters) - RadioShack Corp. <RSH.N> shares, which have soared 61 percent this year amid improved performance, can jump another 30 percent in the next 12 to 18 months if new management continues to turn the electronics retailer around, Barron's said on Sunday.

    Under Chief Executive Julian Day, the company has cut costs, pared down inventory and boosted margins. Critics say the low-hanging fruit has already been picked, but some investors say the stock will continue to rise if Day can trim more costs and replace revenue lost to shrinking cell phone sales, the financial news magazine said.

    Cell phone sales comprised 35 percent of revenue last year, but those sales are slowing as telephone companies and rival retailers like BestBuy open cellphone outlets.

    Still, Barron's said some investors are betting that Day, who helped turn around performance at Kmart, Sears Holdings <SHLD.O> and Safeway <SWY.N>, can do the same for RadioShack. The company also has 4,470 company operated stores, giving it wider reach than rivals.

    RadioShack shares closed at $27.14 in Friday trade.

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    • I have just looked at the Barrons article and was trying to find the author of this "News" story. There is no author! Is this just a press release put out by RSH and published by Barron's as a favor? The wording of this article is peculiar.

      "<RSH.N> shares, which have soared 61 percent this year amid improved performance, can jump another 30 percent in the next 12 to 18 months if new management continues to turn the electronics retailer around, Barron's said on Sunday."

      Improved performance!!!! - Same store sales DOWN!, Revenues DOWN, Net profit DOWN!!!. How much of this improved performance can any company take?

      "Critics say the low-hanging fruit has already been picked, but some investors say the stock will continue to rise if Day can trim more costs and replace revenue lost to shrinking cell phone sales, the financial news magazine said."

      Who are these "some investors"??? Is it RSH stockholders who got there stock through stock options?

      This Barron's article is not even a good puff piece. I have already told you - believe nothing coming out of a deep pocket or their mouth pieces. Go to YouTube and listen to Cramers confession. There goal is to take YOUR MONEY!!!!

      Buy RSH stock at your own RISK!!!!

      • 1 Reply to sburnsinca
      • hahahaha interesting...

        i myself have some RSH puts. hate to say it, but it will definitely pop Monday AM as usual Barron's believers pile in (+ weak short try to get out).

        Shorting Barron's pick in the AM works majority of the time; so, we will see what happens. trading ATM put is the first priority on my list (note that Barron believers always resume thier belief few weeks later)

 
RSH
0.8149-0.0104(-1.26%)Jul 22 4:00 PMEDT

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