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$4.89 0.47 (10.63%)
10/10/2008 4:06 PM

Borders Group, Inc. (BGP)

CAPS Rating:
*

The Company operates books, music and movie superstores in the United States.

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Avatar XMFLurch (84.05) Submitted: 11/26/07 10:09 AM : Outperform Start Price: $12.13 BGP Score: -20.91

Turnaround. CEO Jones' plan to focus on the domestic superstores while paring unprofitable Waldenbooks and selling International stores is beginning to gain traction.

Specifically, the most recent (Q3 2007) quarter indicated some important progress with positive comparable stores. However, the continued operating losses, margin pressure and high debt position make this a high risk/high reward opportunity.

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Avatar enochwasnot (67.56) Submitted: 7/21/08 12:03 PM

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How's that turnaround working out for ya? At this late date, no turnaround can save this company--the problems are endemic to the corporate culture it has developed in recent years. Like children with ADHD. My two cents? I see this stock continuing to hemorrhage till the new owner (a deal is surely in the works) is revealed for fiscal '09.

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