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analystslie

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analystslie

Re: Go Noles post# 8096

Thursday, 02/21/2008 2:34:58 PM

Thursday, February 21, 2008 2:34:58 PM

Post# of 8740
I agree. However, I feel Sharper Image's issues are more related to the retail stores and associated leases on the locations. I sense they will continue to operate the catalog business.

The Retail locations and liability with the Air Purifier are the primary reasons for their financial problems.

If I was Sharper Image and had a plan to work this out, the last thing I would do was default on the suppliers of products for the catalog business. If they intended to default on the suppliers of products they would have filed for full liquidation which is not the case at this time.
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