An integrated direct marketing company that markets, sells and distributes its products directly to consumers through various forms of electronic media and direct-to-consumer mailings.
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Valuevision just recently dumped its CEO which had grossly mismanaged the company. Among his former mistakes was closing the Minneapolis "outlet" store which was *always* in the black, according to an employee. The CEO has now been fired and I am happy to report that the store will be re-opening in about 6 weeks time, due to an overload of customers who were unhappy that the store was closing.Valuevision has no debt and 100 million in the bank. It is also very close to a 5 year low. I predict it will outperform the market over a 2-4 year period. I dont know much yet, I'm a new Fool, but we'll see what happens.