CompUSA (CPU) Message Board

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Non-Tech : CompUSA (CPU)

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To: Richard Makowiec who wrote ()	10/18/1996 11:52:00 PM
From: Richard Makowiec	of 3187

It has the potential (IMHO) to drop to the mid $30 level. Alot of funds are sitting on heavy profits (very large gains here).It doesn't mean it will fall, but if a selling spree did get triggered it could be very nice (for a short or put position). It will require something to trigger it. 4th qtr. portfolio adjustment/capture could do it, so could many other things. If it doesn't break and hold above $ 60.00 for 2 weeks, I will highly consider entering (I like to have one short/put going into 4th qtr., in a high market and election too!). What does everyone reading this think about CPU and it's high P.E. right now? Best to everyone, Rich

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