Blockbuster's Boneheaded Bid for Circuit City

ha. unbelievable

bold, baby, bold. Both companies are toast without some type of partnership, be it with each other or not.

I'm a shareholder of Circuit City and can't imagine why anyone would want this company that has made every conceivable mistake. Mr. Schoonover should have resigned long ago out of embarrassment. This company was once an astounding success story; today its Circuit Silly.

there is no depth and analysis behind this article, but somehow people have the guts to use such strong headlines of "boneheaded..." etc

Great idea--bold and out of the box thinking; between BBI and CC maybe they can make one decent company. With the movement to downbloading videos, hardware becomes an important element in delivering content.

wow :-/

what would BBI want CC? WTF wrong w/ BBI's management. If this gonna work, then HP should buy ford, so cars can become your entertainment center.

Two wrongs still don't make a right. See you in the pink sheets!

Why not! They are both failing companies, with no where to go. Maybe a merger like this is what is needed to create a new business model for a video and elecronics retailer.

As a former stock holder in CC, now I'm really glad i sold shares a few months ago. Edna

The Circuit City board has decided to rename the company to have a fresh start, it is going to be known as "Short Circuit" from now on. On a related note, Blockbuster has decided to rename itself to "Mindbuster"

The Circuit City board has decided to rename the company to have a fresh start, it is going to be known as "Short Circuit" from now on. On a related note, Blockbuster has decided to rename itself to "Mindbusted"

Blockbuster already has tons of retail space in their video stores. This doesn't make sense. Stupid. Idiotic. Help!!!

ROFLMAO...What the hell

I wish there was a bit more analysis here. Just because you don't understand, doesn't mean its a bad idea. Blockbuster had its first profitable quarter in a long time recently, has new management, and recognizes the need for a service combining network distributed content with advice on buying hardware. When this works I'm taking some of my profit to make sure this off the cuff commentary gets revisited.

BBI should have proposed a Partnership with CC rather than buy it out right ....

Maybe a la Sears and KMart, BBI is going to close and sell off some of CC's prime retail space/locations (buy them now, while they are way down). Could this be the next Sears Holdings?

Maybe BBI should start its own download service? Or just a joint operation with Netflicks? Anyway, I was wondering what the heck I was going to do with CC stock just a few days ago. Answer: SELL, SELL, SELL! :)

This is where bloggers/ bus journalists get dangerous - the urge to put some analysis out quickly. Your analysis is far too short to claim this to be "illconcieved". Your gut feel is now what i want to know. I am a Blockbuster shareholder, bought it knowing that the new CEO is smart, has aligned interest, and will seek to change the model. Carl Icanh's ownership and abilities as well are a factor. While, I am not sure if this is the right approach, neither am i sure that it is the wrong one. fact is, I, or this author do not have all facts about what Blockbuster is thinking/planning or what business models they have evaluated to come to this conclusion.

Sounds like a hostile takeover to me…