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Non-Tech : CompUSA (CPU)

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To: Impristine who wrote (1319)3/2/1999 2:17:00 PM
From: James Yu   of 3187
 
Talk about BBY, it reminds me the situation of BBY in 1996.

1. BBY was going to be bankruptcy : Chicago, Jan 10 (Reuter), 1996 - Best Buy Co Inc said Wednesday the electronics superstore retail is seeking to postpone payment on its bills for up to 60 days.

2. Rumors have been surfaced in recent weeks ( Jan 10, 1996 heard from Street) that Best Buy could be forced into merger. One likely suitor, analysts say: Sears.

How about CPU today? It is much better than BBY did in 1996. How about the CPU stock price today? It is worse (the lowest of $10 per share) than BBY did in 1996 (the lowest of $12 per share). Can anyone explain? Can analysts explain?

Best wishes

James
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