Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (6208)	3/5/1999 1:58:00 PM
From: jeffbas	of 78911

Mike, on CPU, I have followed this for a while and avoided. There was decent insider buying at double the price. The store near me is quite crowded whenever I go. I think the problem is a bad business model. Dell and Gateway is the best business model for selling computers. MicroWarehouse is another superior one. Free standing stores is the worst by far. The guys who buy this stuff are typically much more sophisticated than average. It is no big deal to window shop at CPU and buy over the Internet. This kind of stuff is quite vulnerable to Internet shopping, as opposed to the fashions that fill most stores in malls. It is no coincidence, in my opinion, that none of the malls near me have any computer stores in them. They probably overpaid for the Computer City chain as well, creating debt that in effect won't fully service itself. (1 + 1 = 1). I think that at $6 it might be a good trade, but I am skeptical of its long term outlook.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next