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$2.67 0.02 (0.75%)
7/3/2008 1:05 PM

Blockbuster, Inc. (BBI)

CAPS Rating:
*

The Company is a global provider of in-home rental and retail movie and game entertainment, with over 8,000 stores in the United States, its territories and 22 other countries.

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Recs

5

Avatar HollywoodDan (78.16) Submitted: 11/23/07 1:21 PM : Outperform Start Price: $3.85 BBI Score: -18.10

It's simply time to stop hating this company. Keyes is a visionary, and I feel certain that he will give people a reason to come to the stores. He also has shown through 7/11 that he can develop flexible business models that work in each region. So, if electronic products sell in the West, but the Mid-West crowds prefer coffee and kids playgrounds, I think he will be able to pull this off. If he comes clean and admits they used to fleece customers but won't any more, this could be a monster stock over the next five years. I think they found the Keyes to the castle.

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Avatar TDRH (100.00) Submitted: 12/21/07 2:35 PM

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To borrow from The Amityville Horror "GET OUT". It is up today, get back to your start, end it, and watch it slide into oblivion. Think redbox, on demand cable, downloading films/tv shows on the internet- this industry is saturated.

My memories from these stores are mostly negative from late fee's and rude-inflexible personnel- I don't think of them as a destination. Their online platform will undermine their brick & mortar.

Maybe this guy is a winner, but don't bet on the jockey, bet on the horse. I believe he is beating a dying one.

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Avatar equalfuture (55.41) Submitted: 4/11/08 5:08 PM

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chicken without a head
cut off the head of a chicken and it will run around for a little while it does not know its already dead

blockbuster does not know its already dead, please bury this stock with Enron, churchs fried chicken,

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Avatar equalfuture (55.41) Submitted: 4/12/08 5:23 PM

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Block Buster has been targeted for termination,

This company was already a has been when the original Terminator movie came out. someone please take it out of its misery, file the Chapter 11

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Avatar Tastylunch (98.96) Submitted: 4/15/08 3:01 AM

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still bullish post buyout offer of CC?

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Avatar TDRH (100.00) Submitted: 4/25/08 8:52 AM

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Man, don't be dogging Churches, love their Fried Chicken, and their biscuits..............
that said I also love Denny's but I would not invest in them either.

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Avatar budgallant (54.96) Submitted: 4/25/08 1:27 PM

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Smart investors will get the laugh last on the Netflix loonie brigade.

Blockbuster is ready for profit explosion and getting in with the stock at $3 or under is an amazing opportunity.

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Avatar HollywoodDan (78.16) Submitted: 5/08/08 3:54 PM

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Went into a BBI last night and the mangager raved about Keyes and said revenues are increasing due to Keyes willingness to listen and address #1 problem - not enough copies of biggest hit movies. I'm a NFLX looney AND rapidly becoming a BBI believer. It's not the best stock by any means, and I have no real dough in yet - and it's a 5-10 year project to get this thing really kicking, but my gut screams Keyes/Icahn will do it.

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Avatar HollywoodDan (78.16) Submitted: 5/12/08 9:39 PM

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That citi analyst pegs this company with a real shot of the stock getting to 11 w/o CC. Interesting. Amazing what can happen with competent leadership focused on actually making money. And I'm with Ricky "Howling Moon" Munarriz on this one. Turning CC around - simpler, cooler gadgets and products, use the rentals to get people in then sell, sell, sell.

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Avatar TDRH (100.00) Submitted: 5/20/08 2:19 PM

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I keep hearing a voice in my head saying "two wrongs do not make a right". This is not a chocolate in my peanut butter, a bar in a laundrymat..........this is just ridiculous. This is bad money chasing bad, so they can create more bad debt to scale.

That said, I hope I am wrong and you get a 50 point run just so you will come back and blog some more, maybe make a a wall of shame of all the Fools that doubted you wih donkey ears painted on.......

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Avatar Tastylunch (98.96) Submitted: 5/24/08 12:06 AM

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I'll give you credit Dan you are a contrarian. I really miss having you around full time. The fool is a less fun place without you around full time.

As for BBI I'm a big fan of Keyes too he is a quite talent, but I don't think CC and BBI combo is as good as it sounds and will be too much even for him. For one their locations are typically wildly different in size. I think BBI is going to have close every blockbuster location in existence as they are almost all universally far too small for big box retail to make this work. I doubt that will be easy to do. Another problem is Circuit City went cheap on a lot of their locations they are usually too small and they typically do not have very good surrounding demo's unlike BBY's.

By the time they fix all this, I think BBI's brick and mortar rental business could be dead, thus eliminating the potential draw/advantage over say a bestbuy. I'm really concerned by how much debt BBI is going to have to carry to pull this off. I think that alone makes this pretty unworkable.

Certainly if you end up being correct BBI stock will shoot up a ton. I'll gladly take the ridicule if you end up being right . :-)

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