Re: RadioShack shares hit low on downgrade, analyst cites Cingular as cause for the downgrade.

pstnly wrote:
I agree entirely. It is a company that has just not moved with the
times. I suspect that most of their customers are old timers who have
not got up to speed with the idea of online purchases, and are yet to
discover Best Buy and Circuit City. The only time I've ventured into
Radio Shack were when I find myself short of a resistor and dont want
to justify spending $5 postage/packing for a 5cent component! So
instead, I spend $1.50 in Radio Shack. Prices suck, products suck.

People still go there to buy an occasional cable or connector or odd battery, but that's obviously not enough to stay in business. Also, they really over-expanded. There were once six stores within a ten minute drive of my house, and four of them have closed. The mall stores seem to have done the poorest.

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