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Non-Tech : CompUSA (CPU)

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To: blankmind who wrote (1221)2/10/1999 10:52:00 AM
From: TH   of 3187
 
blankmind,

Overall market pressure is preventing a lot of stocks from expected upward movement. I have traded/invested (is there a difference?) in CPU several times and its slow to move. Once a trend is established then it should be a slow, but steady climber. If we get some rumor bs then the 2-3 points spikes happen, but they don't seem to hold.

A lot of folks in this at several price levels. Its going to take some time and a clearer definition of the future earnings improvement plan to get it rolling.

Halpin is as dry as toast, but the guy keeps his word to shareholders. I expect CPU will look a lot better in 90-180 days. I was not happy last quarter when he prewarned about the most recent quarter, but thats how the guy is, he does not like to surprise the shareholders. Well he just told us that next quarter and next year will be good, and I am inclined to believe him.

Good Luck

matt
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