Soaring Best Buy stock complicates Schulze's efforts to acquire company

  • Article by: Thomas Lee , Star Tribune
  • Updated: February 20, 2013 - 9:42 AM

The company’s momentum might upset founder Richard Schulze’s efforts to buy it.

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furguson11Feb. 20, 1312:43 AM

Schulze still wins with the stock price going up, once again proving how shrewd he is.

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caresalotFeb. 20, 1311:36 AM

I'm not sure if it was by design or leadership but I've perceived that Best Buy has renewed its focus on customer service and this has won me back. The staff is once again very helpful and knowledgeable, the shelves are adequately stocked even with sale items, and pricing is again competitive. I think Joly has inspired the company beyond expectations and should be congratulated.

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joe_mnFeb. 20, 1312:16 PM

10yrs ago I moved a 401k into an Ira. I told the bank guy to put it all in bestbuy stock. It was $18 at the time. He was concerned I was putting all my eggs in 1 basket. 1 yr later it was 50. I sold all BB stock and bought other companies. Today it is 18 again. No gain in 10 yrs. figure that out.

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plopcornFeb. 20, 13 3:33 PM

so what has 'really' changed? the price match is probably the only real benefit. if they continue to move to emphasis on geeksquad services etc, I just don't see it. people want stuff cheap. if you have the cheapest stuff, you'll do well. if not, all the fake services you add won't do much good. and an annoying sales force wouldn't help either.

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