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Non-Tech : CompUSA (CPU)

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To: Bill Wexler who wrote (848)11/29/1998 6:28:00 PM
From: cbstock   of 3187
 
Hi Bill,

Excellent post!!

I concur with your overview. I have followed this company and stock for a long time and I am convinced enough this time and bought 2000shrs. CPU provides a great reward to risk profile at this level and with all projections of Xmas sales going through the roof, then CPU is a very good play at these prices. The short sellers and options pushed the stock down to this very attractive price.

With all this hype on the Internet, we might begin to also benefit as more folks come to know that CPU sells all their store merchandise at their web site and CPU actually has earnings.

From a TA perspective, CPU would be an early buy but there was some very significant buying on WED even with low volume and the early close.

Lets hope we are both on target!!! We could do very well if we are reading the tea leaves right.

Regards
cb
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