A Sea Of Red

NEW YORK (Reuters) - Retailer Sharper Image Corp (SHRP.O) has filed for Chapter 11 bankruptcy protection, citing declining sales, three straight years of losses and litigation involving its Ionic Breeze air purifiers.

The San Francisco-based company filed for protection late Tuesday in U.S. bankruptcy court in Wilmington, Delaware. Sharper Image said it had $251.5 million in assets and $199 million in debt as of January 31, according to the filing. Cash on hand totaled about $700,000.


http://news.yahoo.com/s/nm/20080220/bs_ ... lVv4C573QA

Well, if they wouldn't have tried to charge $2,500 for the life-size Storm Trooper, I would have bought a ton of them.....created my own army.

i'm doing my marketing project on them.. this could be a problem