Thursday, October 27, 2005

"Renegotiating the convenant" is not a Hollywood sequel. Wait. Maybe it is.

Evidently if you're an investor, these are fate's most damning words: Blockbuster met with lenders yesterday.

Deep breaths. I promise -- we can get through this. Unless there's a secondary stock offering in which case current stockholders are totally screwed share price-wise and we should all look around for a window to jump out of.

Until then, here's something to feel good about: next year's movies might not suck!

No comments: