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Non-Tech : CompUSA (CPU)
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To: Forest Gump who wrote (1974)3/31/1999 5:13:00 PM
From: Smart Investor   of 3187
 
Pay attention to this "otal Internet sales for the third quarter
increased in excess of 100% from the comparable period a year ago."

If it is a internet stock, the stock price will double based on this.
Anyway, the number looks much better than the gloom and doom predicted by some people. For God sake, their revenue is 4.8 billion for 9 months. It will be 6 billion for the whole year. I am optimistic that the earning on May 5 will be better than expected.

The street is really insane, and has been insane for quite some time. How can you have a company with revenue in excess of 6 billion at a valuation of 0.6 billion when the interNUTS are valued at 40 billion (YHOO) and 150 billion (AOL)? The conclusion is they have all gone nuts in an interNUTS bubble stock market. Even Alan Greenspan get caught in this so-called new economy crap.
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