Donald Trott
Donald Trott
question
I think it's going to be very, very good. The question is, is it very, very good, or is it hey, this is just super-great hall-of-fame good?
best breed buy circuit company consumer move people problems rid sales space
Best Buy is the best of breed in the consumer electronics space right now. Circuit City's problems are worsening. It's really a questionable move for the company to get rid of some of its best sales people when its sales are eroding.
behind circuit city continue embarked fall feeling hopefully improve lose market program share
While Circuit City has embarked on a program to modernize and hopefully improve in-store execution, the feeling is they continue to lose market share and fall behind the competition.
navy
Old Navy is the one that's really hemorrhaging.
becomes eventually gap happens mature sort
What happens is anything that becomes too 'in' eventually becomes sort of 'out,' so you have Gap as a very stale, mature concept.
home improvement money runs step
There is a lot of money going into home real estate, and home improvement runs in step with that.
company investor potential shares
We think that investor speculation on a potential take-over of the company could keep shares in the mid-$20s range.
customer early figure losing market reducing service stem
It's too early to figure out the impact, but generally, if you're losing market share, reducing customer service does very little to stem that loss.
assuming believe breakfast building contribute further gains later month
It will be marketed later this month ... and we believe it will contribute to the further building of breakfast sales, assuming it gains traction.
boils business driver earnings issue major ongoing primary recent
I think the major issue that it always boils down to is ongoing earnings opportunities. The cellular business has been the primary driver in more recent years, but we think cellular will become increasingly competitive.
They just went completely bonkers on the expansion.
gave home seeing strength surprise upside yesterday
Home Depot gave an upside surprise yesterday (Tuesday) and we think the strength you're seeing right now is just a continuation of that.
bankruptcy banks certainly company degree expectation happen hope immediate interest judgment magnitude rope turn ultimate
In my judgment a bankruptcy certainly is not precluded from being an ultimate scenario. However, I don't see it on the more immediate horizon. If you are a company of this magnitude ... to a certain degree the banks feel it is in their interest give you more rope and keep you going in the hope and expectation that you'll turn it around. I think that's probably what's going to happen here.
affluent buy came chord focused highly hit people public responsive
Initially, when they came out of the chute after the '91 recession, they hit a highly responsive chord with a public that was more focused on value. But even affluent people would go in and buy more goods.