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| Discussions for Circuit City Stores, Inc. | View all discussions |
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BIG Announcement Tomorrow | |
| Messages 1 - 25 of 43 in discussion - Newer » | ||
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From: wkep...@gmail.com
Date: Sat, 1 Nov 2008 13:44:58 -0700 (PDT)
Local: Sat, Nov 1 2008 4:44 pm
Subject: BIG Announcement Tomorrow
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From: s.r.tunn...@gmail.com
Date: Sat, 1 Nov 2008 14:19:37 -0700 (PDT)
Local: Sat, Nov 1 2008 5:19 pm
Subject: Re: BIG Announcement Tomorrow
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From: recola...@gmail.com
Date: Sat, 1 Nov 2008 14:57:00 -0700 (PDT)
Subject: Re: BIG Announcement Tomorrow
well there IS a company wide meeting for all employee's sunday
morning, but what its about there are 2 options. One being the most obvious, holiday kick off, start prepping for black friday. The other one, not so sure, I've seen several posts stating that their store director told them this was NOT about the holiday kick off. So we'll see. If its not about holiday kick off, my guess is that its not going to be anything good. You must Sign in before you can post messages.
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From: thuck...@gmail.com
Date: Sat, 1 Nov 2008 15:31:13 -0700 (PDT)
Local: Sat, Nov 1 2008 6:31 pm
Subject: Re: BIG Announcement Tomorrow
Oh really? Several posts where? Cite your sources with URLs or
otherwise you have no credibility.... It's like the supposed Sony issue, which is apparently just due to a sinkhole right next to a CC location. There is truly no truth in media on the internet when it comes to CC these days! It seems clear that a lot of people who are negative toward CC for past mistakes the company made are willing to say and do ANYTHING to see the company go under, and that just demonstrates a real lack of integrity among those folks; those who are former CC employees probably SHOULD have been fired if that's the sort of people they are.... You must Sign in before you can post messages.
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From: gorfdad <jamie.voorh...@gmail.com>
Date: Sat, 1 Nov 2008 16:55:21 -0700 (PDT)
Local: Sat, Nov 1 2008 7:55 pm
Subject: Re: BIG Announcement Tomorrow
I can understand the resistance to reason, especially by those that
own the stock... but until CC refutes the claim that Sony stopped shipping, as far as I'm concerned, they are filing bankruptcy Monday morning. I'm not maliciously dragging the company down, but there's no way I just close my ears and sing "lalalalallaal" with all these red flags going up... The markets don't open until Monday, so rumor is all quashed as long as CC makes a statement... *tapping foot* You must Sign in before you can post messages.
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From: recola...@gmail.com
Date: Sat, 1 Nov 2008 17:07:39 -0700 (PDT)
Local: Sat, Nov 1 2008 8:07 pm
Subject: Re: BIG Announcement Tomorrow
circuit citys internal forum. I'd like to post links, but what good
does that do you, you wont be able to access it. And no where did I say it was IN FACT, an "announcement", I said its either holiday kick off (most likely) or there is going to be some "announcement". Fact is, there IS a company wide morning meeting for sunday. But since you want some sources, here they are, these are employee's posts... "In the e-mail from our SD, it says this is NOT a holiday kick off
...
Yes he was very clear in his communication that this was not a holiday
"yep im a firedog tech and just got a call about an hour ago that we
btw we have never had to attend "holiday kickoff" meetings or any
"This isn't just a holiday kickoff. There's basically two meetings
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From: sbkondave...@gmail.com
Date: Sat, 1 Nov 2008 17:09:10 -0700 (PDT)
Local: Sat, Nov 1 2008 8:09 pm
Subject: Re: BIG Announcement Tomorrow
Usually companies won't wait until Monday morning to file Ch11. Not
sure if BK is on cards or an option for CC at this point considering size of the debt, which is not due now. Credit markets are improvong gradually and CC has 80% of the 1.3B revolving credit facility which is good for holiday season. Also, they planned to liquidate $350M inventory during Nov and Dec, which leaves breathing time to implement turnaround strategy effectively. A lot of BK rumors are from the hedge funds bashers who want to get in at cheaper price. Watch CC going up after the announcement on NO BK next week. Longterm, CC will be back to $15-20. This is strictly my opinion You must Sign in before you can post messages.
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From: thuck...@gmail.com
Date: Sat, 1 Nov 2008 19:21:26 -0700 (PDT)
Local: Sat, Nov 1 2008 10:21 pm
Subject: Re: BIG Announcement Tomorrow
Well, I think and I hope that you are right. I would think it more
likely that tomorrow's meeting will be to announced the closure and liquidation of unprofitable stores and locations as opposed to a declaration to employees of an imminent BK filing. Also, I would think that such a filing, were it to occur, would take place BEFORE employees were notified. But this too is just my opinion.... And yes, there are a lot of false rumors being spread about CC right now, to include the whole Sony thing; Sony has not stopped shipping to CC, but had to turn trucks around due to a huge sinkhole opening up right next to a major CC distribution center. You must Sign in before you can post messages.
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From: cheapowebs...@gmail.com
Date: Sat, 1 Nov 2008 19:40:38 -0700 (PDT)
Local: Sat, Nov 1 2008 10:40 pm
Subject: Re: BIG Announcement Tomorrow
i agree CC employees would hear about BK the same time share holders
would occur, would take place BEFORE You must Sign in before you can post messages.
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From: 2XTURBO <mark2xtu...@gmail.com>
Date: Sat, 1 Nov 2008 20:29:51 -0700 (PDT)
Local: Sat, Nov 1 2008 11:29 pm
Subject: Re: BIG Announcement Tomorrow
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From: jasontgru...@yahoo.com
Date: Sat, 1 Nov 2008 21:36:39 -0700 (PDT)
Local: Sun, Nov 2 2008 12:36 am
Subject: Re: BIG Announcement Tomorrow
I think it is going to be a Rah Rah Meeting, When employees feel
down, sales go down. They do have the capital to survive even in this market for 8 more months. Several positives here, Fuel Prices lowest in 3 years, When you have 1,500 hundred stores to light/heat/cool this will add up, in addition the trickle down effect for the customer having more money, trickle down effect for incoming goods on lower fuel. CC is going for broke Upper MGT knows that good jobs elsewhere for them are non existant. THEy are going to go Cost plus 5% on ALL electronics for cash flow and hope for CD and other crap sales. THIS COMPANY DIED, WHEN THEY DID AWAY WITH SALES COMMISH STRUCTURES,
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From: kud...@gmail.com
Date: Sat, 1 Nov 2008 23:28:08 -0700 (PDT)
Local: Sun, Nov 2 2008 1:28 am
Subject: Re: BIG Announcement Tomorrow
Circuit City is the worst company I've ever seen. Their entire store
is ugly and dirty. Their employees dont give a shit and their management cannot manage. I've never seen so many worthless supervisors in my life. I hope they all lose their jobs. The managers deserve it and I hope it's a huge blemish on their resume. If the stores close it will be the kick in the ass the regular employees need to find a good job instead of hating their job but being too lazy to find another. Screw Circuit City. You must Sign in before you can post messages.
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From: grip.gmo...@gmail.com
Date: Sun, 2 Nov 2008 01:37:35 -0700 (PDT)
Local: Sun, Nov 2 2008 3:37 am
Subject: Re: BIG Announcement Tomorrow
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From: jasontgru...@yahoo.com
Date: Sun, 2 Nov 2008 02:39:27 -0800 (PST)
Local: Sun, Nov 2 2008 5:39 am
Subject: Re: BIG Announcement Tomorrow
Grip, FYI bro Noone is going to buy This company, a vast majority of
the stores are in dated strip malls. Best Buy is 1-2 miles away from 80% of ALL CC U.S locations. Walmart is not on drugs to buy this dawg. Only SEARS could buy this dawg, and they are fukin looped enough to buy it, They have good mgt. If the company does get bought out and {merged] equals shares of parent are swapped, but in this case count on a reverse split for this toilet paper. I bought 4000 shares at 20 cents, EVERYTHING IN THE MARKET will make a huge Bump when Obanananana gets elected. You must Sign in before you can post messages.
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From: bli...@gmail.com
Date: Sun, 2 Nov 2008 05:27:49 -0800 (PST)
Local: Sun, Nov 2 2008 8:27 am
Subject: Re: BIG Announcement Tomorrow
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From: ignatiusdhitok...@gmail.com
Date: Sun, 2 Nov 2008 05:40:18 -0800 (PST)
Local: Sun, Nov 2 2008 8:40 am
Subject: Re: BIG Announcement Tomorrow
While I'm not really experienced in the stock market, it's my
understanding that the company purchasing CC would buy all shares from shareholders at a certain price. You must Sign in before you can post messages.
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From: recola...@gmail.com
Date: Sun, 2 Nov 2008 07:17:21 -0800 (PST)
Local: Sun, Nov 2 2008 10:17 am
Subject: Re: BIG Announcement Tomorrow
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From: jasontgru...@yahoo.com
Date: Sun, 2 Nov 2008 07:56:04 -0800 (PST)
Local: Sun, Nov 2 2008 10:56 am
Subject: Re: BIG Announcement Tomorrow
Bad News for Employees. Sucks at this time of year. Great News for
share holders. Closing non performing dated stores. this stock goes 60 cents tomorrow. You must Sign in before you can post messages.
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From: bmeye...@gmail.com
Date: Sun, 2 Nov 2008 07:57:21 -0800 (PST)
Local: Sun, Nov 2 2008 10:57 am
Subject: Re: BIG Announcement Tomorrow
I just got back from the employee meeting in a Southern Indiana store,
and we are closing along with 155 other stores. Circuit City Management sucks balls. That is all. You must Sign in before you can post messages.
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From: vendome247...@aol.com
Date: Sun, 2 Nov 2008 08:15:56 -0800 (PST)
Local: Sun, Nov 2 2008 11:15 am
Subject: Re: BIG Announcement Tomorrow
the rumors of closing 150 stores has been around for over a week
already. i think its already factored into price. probably why it went from .20 to .30 during week. You must Sign in before you can post messages.
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From: cheapowebs...@gmail.com
Date: Sun, 2 Nov 2008 08:53:55 -0800 (PST)
Local: Sun, Nov 2 2008 11:53 am
Subject: Re: BIG Announcement Tomorrow
It went as high as 0.45 the day the WSJ had the article about store
closing. Still think it will have a bounce when its official since this stock is just begging for any news from corporate head quarters. You must Sign in before you can post messages.
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From: sbkondave...@gmail.com
Date: Sun, 2 Nov 2008 09:15:47 -0800 (PST)
Local: Sun, Nov 2 2008 12:15 pm
Subject: Re: BIG Announcement Tomorrow
WSJ news was a warning for shorts to cover before the official press
note from CC. Watch for $1.3+ on Monday You must Sign in before you can post messages.
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From: wyd2...@gmail.com
Date: Sun, 2 Nov 2008 09:44:05 -0800 (PST)
Local: Sun, Nov 2 2008 12:44 pm
Subject: Re: BIG Announcement Tomorrow
Just came back from the meeting, 155 stores are closing, starting
tomorrow, including 10 in California You must Sign in before you can post messages.
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From: trip...@swbell.net
Date: Sun, 2 Nov 2008 10:38:54 -0800 (PST)
Local: Sun, Nov 2 2008 1:38 pm
Subject: Re: BIG Announcement Tomorrow
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From: afroman1...@gmail.com
Date: Sun, 2 Nov 2008 10:45:01 -0800 (PST)
Local: Sun, Nov 2 2008 1:45 pm
Subject: Re: BIG Announcement Tomorrow
This stinks, but I thought this would probably happen. I'm sorry to
hear this for those folks that are out of a job. Kind of curious... what are they telling customers? The stores that
Also, I hear reports that the stores will be closed by 12/31/08 yet
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| Messages 1 - 25 of 43 Newer » |
| « Newer discussion - Calling All Circuit City Employess What was the Meeting Today About PLZ!!! | Sony stopping CC shipments - Older discussion » |
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