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Best Buy Co., Inc. Message Board

  • vipinkot47 vipinkot47 Aug 24, 2012 12:05 PM Flag

    BBY's So Moronic Board and Management

    I wrote to Mikan the current CEO to get out of his ivory tower office and rush to DC and PUSH HARD for the Legislation now in the Congress to charge sales tax for all purchases made online no matter what State the merchandize is shipped to. This will take away 8%-10% playing advantage that AMZN has over the bricks-and-mortar stores. But would he (blip) care??He is counting his RETENTION BONUS. Also they paid excessively to the new incoming CEO Joly who has no retail experience . Inspite of this all, Hope either he turns around the company or Schulze is able to buy ther company for atleast $24-$26 per share. We will see. In the meantime, shareholders are being royally screwed. The BBY SAGA continues. BBY would make a great case study in how to put the great company in the ground for Harvard Business School students.

    Sentiment: Hold

 
BBY
31.03-0.42(-1.34%)Jul 25 4:02 PMEDT

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