[NJARC] Closing, A Store Near You

[ROBERT CARROLL]

The chairman of Radio Shack is being investigated by Radio Shack for
misrepresenting his educational background and one analyst quoted in the NY
Times business section says in effect the company is in the process of
disintegrating. The chairman apologized to stockholders for missing
earnings, declining sales, and the educational stuff.  Could Rat Shack be a
short timer?  I buy a lot of bits and pieces from them.  Many of their
stores carry almost no parts these days.

Bob W2WG

-----Original Message-----
From: njarc-bounces at mailman.qth.net [mailto:njarc-bounces at mailman.qth.net]
On Behalf Of Robert Bennett
Sent: Saturday, February 18, 2006 2:41 PM
To: njarc at mailman.qth.net
Subject: [NJARC] Closing, A Store Near You

Visit our web site - See http://www.njarc.org
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I can remember the days of my childhood where stores like Radio Shack, and
others were so magical that you could'nt wait to see all the things in the
store, check out the yearly catalogue, and buy the pieces you needed for
your next project. I loved the Radio Shack "Battery Club" card - remember
them? After reading the article myself, it's really no suprise they are in
finacial limbo. When was the last time you went to Radio Shack and while you
were looking for hopefully something of substance,and a college kid tries to
sell you a cell phone? Heck, you can go to BJ's or Costco and get a cell
phone now. It's just another clear example of a business trying to keep up
with an ongoing "global economy" that is just running out of steam. I"m no
financial wizard but if I owned stock in Radio Shack, I'd be on the phone
with the stockbroker, or online taking the money and run! They should change
their slogan to: You have questions - We have empty storefronts! 
 
Bob Bennett
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