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wattles

Side by side: LED, CFL, and incandescent bulbs

Philips recently released its Ambient LED 17/75-watt-equivalent retailing for $39.97. As it indicates, the bulb gives off roughly the equivalent light of a 75-watt incandescent bulb, but uses only 17 watts of power to do it.

Many sites have been doing head-to-head tests of various LED (light-emitting diode) bulbs coming on the market. However, I'm often asked where someone can find just a "regular person review" on how LEDs stack up against CFLs (compact fluorescent lights) and the soon-to-be-phased-out incandescents without getting too buried in stats on lumens, kelvins, wattage, and the rest of the … Read more

Activist investor says Circuit City could be sold in two months

If Circuit City gets sold anytime soon, it probably won't be to its chief suitor, Blockbuster, according to one of the electronics chain's most vocal investors.

In an interview with TWICE magazine Friday, Jim Wattles, owner of Wattles Capital Management, which owns 6.5 percent of Circuit City shares, said a sale could happen in the next two months. Wattles also said that Blockbuster, which bid roughly $1 billion for Circuit, isn't the only interested party, and in fact, the likely future buyer will be a private equity firm.

So, essentially, the company has options. It was … Read more