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Old 01-29-2013, 06:55 PM   #40
taustin
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Quote:
Originally Posted by MV64 View Post
Neither of those companies you listed are "dying" industries, though. On top of that, none of them were subject to so many years of ineffective management. Barnes and Noble has been in trouble for a very, very long time, and it's never gotten better. People talk about a "death spiral" because it's just the way, the trend, that has been happening. I think the store closures are overstated, of course. Companies close stores all the time, and I think they're actually opening 15 as well.
The point being, the press stories are not enough to determine the health of the company. One way or the other.
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