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Non-Tech : CompUSA (CPU)

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To: frank meysamy who wrote (1724)3/18/1999 8:30:00 PM
From: frank meysamy  Read Replies (2) of 3187
 
Gentlemen, I see the similarity between CPU and BKS(Barnlesand Nobles), of course BKS is in better shape financially, But I can see the same manipulation that certain underwriters have done to BKS, caused CPU to drop way down. Both companies came out with Earning warnings, but BKS earning was actually good, the stock price dropped from 37 to 26, cuz of warning, Now it's heading up, way up. The same happened with CPU, Now When the IPO announcement come out, this stock will rock and roll. The underwriters pushed the stock price down to grab shares for peanuts. But I bet you when the time comes, they will be selling us the same shares at two or three times for what we sold them.

It's time to accumulate, the next two weeks will be our last chance to buy this baby at way undervalue price. Of course this is only my assumption, but it comes from the experience I had with BKS. Anyway, We don't have much to loose from here, the stock has nowhere to go, except up, Best Regards to all.

LONG ON CPU!!!
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