Best Buy is all 'V.O.I.P.ED' up
- Posted by Howard
- on March 27th, 2007
I don’t, won’t shop at Best Buy. People love them, maybe addicted so they don’t care about me. That’s been a really good strategy for them :) . Check out their lifetime stock chart . They are definately Wallstrip worthy if not for my personal bias.
Today they announced they are getting into the VOIP business.
ZDNet says they want to become small businesses’s IT shop .
To me a small business needs a cell phone and a good internet connection and not the CRAP service of a Best Buy store. The best thing Best Buy has going for it is MICROSOFT SOFTWARE. It ensures a revenue stream for the Geek Squad.
I am not one to bet against stocks anymore, but Best Buy is telling you that something is up at retail. Maybe their consumer is tapped?
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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