CompUSA (CPU) Message Board

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Non-Tech : CompUSA (CPU)

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To: Richard Makowiec who wrote (2051)	4/5/1999 11:10:00 AM
From: TH	of 3187

Richard, I agree, made a lot of good/great plays until this one. CPU put a big ding in the portfolio quarter panel. I think that there will be a place for brick and mortar. CPU could be this place if they take the action the market demands. I also think that Halpin is not the man. I think short term we are going to see 1 to 2 point bounces up and down. To break 12 we will need major news or a couple of good quarters. The good news is that once this is back on track with a couple of good quarters then upward movement north of 12 will come fast. This was my single worst call in the last five years. The last really bad call was a little fast food joint called Checkers. Two days after I went really long (on a tip from my buddies brother who works on the street) the CEO gets named in a class-action suit, that turned out to be based on the truth; for a change. Lost a bundle on that one. I think the street is going to punish CPU for a while, but one thing I do know is that you never know when they are going to change their mind. Wish I had more answers and I wish CPU management did a little bit more to show that they are aware of shareholder value, and they do the right things to restore it. Good Luck Thurston

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