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Non-Tech : CompUSA (CPU)

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To: Vol who wrote (1425)3/4/1999 9:17:00 PM
From: P.M.Freedman   of 3187
 
What surprised me is that it looks like the whole world suddenly stopped buying computers since the beginning of 1999. Starting from Dell, followed by Compaq, NEC, MUEI, 3Com... and now CompUSA. The whole sector is dying. People are trying get rid of the computer related shares that they bought a couple months ago as soon as possible. Y2K fears and Intel's delaying P-III chip as well as the pricing wars may be blamed. Will the world needs new computers? Of course, you will agree with me to say YES. Will computer sector be a leader in the industry in the near future? I would say yes, too. So, close your eyes and jump in! When you open you eyes in next year, you will find yourself has become much richer. Good luck to all! BTW, I personally believe that CPU has been over sold even with the coming bad earnings.
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