V E R Y O V E R S O L D - We are M U C H better than BEST BUY !
WALL STREET shoots first and then asks questions later.
Unlike Best Buy ......we showed SAME STORE GROWTH of 33% last Q and have MUCH MUCH HIGHER margins than Best Buy .
We will show sales growth and eps growth next year - Best Buy will NOT show growth ........
But the street went out and shot CONN yesterday........but will realize that we are in MUCH MUCH BETTER shape than Best Buy and should NOT be thrown into the same trash heap......
We are still expected to post EPS growth from $2,65 this year to $3.40 - $3.70 next year !!!!! Best Buy cannot say that at all .
Based on valuation we shouldn't be below $40 a share even with this kind of growth in front of us.......when the Winter is over Wall Street will see they made a BIG MISTAKE selling us down to $31.89 !!!!!!!!!!