Rat Shack dying
- Thread starter chicks
- Start date
At least it would postpone getting delisted.
bobins08
Celebrating Life
When I was growing up in the 70's I always thought Radio Shack was crap. I muched preferred Olsen and Lafayette Electronics of the chain stores.
I am surprised to see some of their 70's Realistic gear is so well thought of after all these years.
I went there last week for a 68 ohm, 1/8 watt resistor. I was not expecting much, my last visit there the clerk did not know what an rca phono plug was. As expected they had a bin for them but it was out of stock.
Looked for 82 ohm. Out of stock.
100 ohm. Out of stock. 120 .. out of stock.
They are terrible.
I am surprised to see some of their 70's Realistic gear is so well thought of after all these years.
I went there last week for a 68 ohm, 1/8 watt resistor. I was not expecting much, my last visit there the clerk did not know what an rca phono plug was. As expected they had a bin for them but it was out of stock.
Looked for 82 ohm. Out of stock.
100 ohm. Out of stock. 120 .. out of stock.
They are terrible.
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Alan G.
Active Member
I really hate to see this happen, their non-relevance or demise. They made nice audio equipment during their prime. I had some of it and recently picked up one of their turntables - very decent.
Grand old name. But, maybe I'm nostalgic. Heck, I worked for Montgomery Ward during high school.
Grand old name. But, maybe I'm nostalgic. Heck, I worked for Montgomery Ward during high school.
lycoming680
tremendous slouch
I hate to hear that... I whiled away many an hour there as a bored small town kid in the summer time. I know they aren't what they used to be so it's mostly nostalgia for me. But. we always called it "Rad Shack" short for radio and radical...
I dumped all of the Tandy stock that I had when I left twenty years ago. After participating in the stock purchase plan and experiencing two or three stock splits in the late 70s and early 80s, things certainly have changed. I never thought that I would see the day that they became a penny stock. Although looking back over the past twenty or so years, I have to wonder why it took them so long.
Brian
An Old Geezer
Yes, you can with any company. Most persons go through brokers who holds,distribution them in Street Name but you can request them to be issued can your name and held outside the brokerage account. Talk to your broker.
Allowing the certificates to be held in an investment account under the Street Name, it allows the broker to sell without your knowledge and is the basis of so much of the broker fraud.
After working as a Shack manager for 6 years and taking full advantage of the stock plan, I sold it to pay for adopting 2 sisters as daughters. A real good ROI.
chicks
Lunatic Member
Nice! Thanks for sharing that.
Drumolator
Super Member
I went into Radio Shack last Friday to buy a plug adapter for headphones with a 1/4 inch plug. There were two guys working, and I was the only customer. My total came to $9.25. At least they had what I wanted. I used to love the Shack. Peace and goodwill.
I think I will have to get a ten-pack of those. Keep one as a memento and take the rest up to the range. I will get some real satisfaction of blowing the crap out of them!
On a more serious note, the whole thing is really sad. In spite of everything, I have been holding on to the slightest bit of hope that one day, before it was too late, that they would actually reinvent themselves into something viable that at least has some hint of resemblance to what they once were "Back in the good old days of Radio Shack". The employees that are working at RS today must feel like the dance band on the Titanic. Sad. :sigh:
