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hookdrvr

12/15/05 1:04 PM

#59195 RE: lesnshawn #59164

Not sure what anyone is harping about. No news is good news.
According to the SEC filing, notice is given only if either party wishes to exit the agreement. No action means the pilot moves into rollout by default.

That said, I don't think any PR would be expected until after the 1st of the year at least. If you check the CC Web site on Saturday or Sunday and the GNF link is still active, then the rollout will commence on 1/15/06.

From Sec filing:
"3. Term of the Pilot Program. It is the intentions of the
Parties that the Pilot Program shall commence on or about
November 1, 2005, extend through the holiday season, and
terminate on or about January 15, 2006. Thereafter, unless
30 days notice is given to the contrary, the national
program will commence
under the same terms and conditions
contained herein and will be implemented on a phased-in
basis over the following 12 months in all of the Retail
Stores. It is anticipated that approximately 55 Circuit
City stores, per month, will be added on the national
rollout portion of the Agreement."