Corporate Governance
Good corporate governance - pointing out corporate directors who should and shouldn't be elected anywhere. This is my attempt to keep track of good people for board of directors and keep track of people who should be avoided.Saturday, November 15, 2008
Circuit City - RIP
We went there to see what was in stock over there and what happened that was bad.
Saturday afternoon - should have been busy but there were more salespeople than shoppers. Nobody I looked at was buying a big ticket item - all small sales.
No mention of the bankruptcy - a banner claimed they were hiring. (Somehow I doubt that)
Lots of DVDs and CDs in stock - I knew CD sales were a waste of time, I didn't know that DVD sales were a waste of time now, but clearly they were at Circuit City.
I checked the price of a phone I recently purchased for the house - $110 at Amazon, $150 at Circuit City - that's a bad sign.
Lots of Guitar Hero / Rock Band stuff for all the game systems - lots of inventory there - not a good sign for the games makers that those arent moving, but then again Black Friday hasnt come yet.
Lots of HP laptops and desktops in stock and big screen TVs - both Sony and Samsung seemed to be very well represented on their walls.
Bad for Sony on PS3 + DVD + CD + HDTVs
Bad for HP on PCs
Bad for whoever makes Rock Band and Guitar Hero
Lots of WII accessories too - bad for Nintendo
Saturday afternoon - should have been busy but there were more salespeople than shoppers. Nobody I looked at was buying a big ticket item - all small sales.
No mention of the bankruptcy - a banner claimed they were hiring. (Somehow I doubt that)
Lots of DVDs and CDs in stock - I knew CD sales were a waste of time, I didn't know that DVD sales were a waste of time now, but clearly they were at Circuit City.
I checked the price of a phone I recently purchased for the house - $110 at Amazon, $150 at Circuit City - that's a bad sign.
Lots of Guitar Hero / Rock Band stuff for all the game systems - lots of inventory there - not a good sign for the games makers that those arent moving, but then again Black Friday hasnt come yet.
Lots of HP laptops and desktops in stock and big screen TVs - both Sony and Samsung seemed to be very well represented on their walls.
Bad for Sony on PS3 + DVD + CD + HDTVs
Bad for HP on PCs
Bad for whoever makes Rock Band and Guitar Hero
Lots of WII accessories too - bad for Nintendo
posted by Larry Diamond # 4:43 PM 
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