Tuesday, February 21, 2006

Radioshack's CEO, David Edmondson is out

Well at least he saved the company some trouble by bowing out gracefully. Now the next person, Claire Babrowski got some real work to do. I wonder is she can get the company back on track. Could be a decent turn around play depending on the steps she takes.

I was listening to Squawk Box last night and Carl Quintanilla brought up a great point about Radio Shack. He said that in this Wireless Age the word Radio really doesn't help you sell products. It sounds like the kind of place you want to come to buy a Philco radio to listen to Uncle Miltie on.

Plus you probably won't want to buy high-end electronics from a Shack. It always sounded to me like they are selling you stuff that fell off of the back of a truck. Or it was like a fence or a pawnshop or something. Actually this chart tells to whole tale of Radio Shack:

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