"Jim" wrote in message
...
They have to change with the times. In the 70s they sold CB radios
and parts. In the 80s they sold TRS-80 computers and parts. Now
they sell cell phones and parts.
I'm don't propose to be a fortune-teller, but I do work in the legal field,
in bankruptcy and financial workouts in particular, so I am attuned to
keeping an eye on businesses that are barely skimming the underside of
profitablity. I witness numerous businesses go under on a monthly basis.
Hardly any of the Chapter 11 or Chapter 7 filings I witness come as a
surprise to me.
I do not think it a stretch to envision Radio Shack filing under Chapter 11
(or perhaps even Chapter 7) in the not-so-distant future. RS has way too
much competition in the cellular telephone field for it to even think of
itself as a strong player in that field. I doubt very many of us think of
Radio Shack first when considering which cellular plan we should check into,
let alone the place we buy our electrical components, antennas or shortwave
receivers anymore. Radio Shack does no one thing well anymore. They cannot
compete with any other company out there on almost any product they offer.
That does not bode well for the company's future.
Jackie
|