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The market may not instantly reward Best Buy ( BBY) for what it's doing. Yet, it is clear that even when Best Buy is fighting a company that's fire-saling product -- Circuit City ( CC) -- the profitability is still there for this great retailer. In fact, this quarter may be the benchmark for what a best-of-breed retailer can do. I think that what will sift through the quarter is a little Pyrrhic. You can see plenty not to like. But the only real takeaway is that this company has immense profitability in a most challenging environment of falling home values, a lack of people moving house and a vicious wounded competitor. It will take a long time for Circuit City to collapse, though, because it still has $4 per share in cash. Would I buy Best Buy here? Sure. Just don't expect much until Circuit City is finished blinking. But this BBY stock is beginning to remind me of J.C. Penney ( JCP) when Federated ( FD) decided to consolidate with May. You got a very big move before and during the collapse of the competitor. The same could be happening here without a problem. Random musings: I hope you enjoy tonight's "Mad Money" from Indiana University, which is a great school. My guest -- and IU alum -- Mark Cuban and I disagree on investing, could be some fireworks. Always is with Cuban.