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Non-Tech : CompUSA (CPU)

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To: AJ Berger who wrote (2543)6/9/1999 10:49:00 AM
From: Michael  Read Replies (1) of 3187
 
Great- selling Furby's is their turnaround plan?

It is interesting that Staples and CPU continue to not comment on the takeover rules. However, I believe, if it was going to happen, it would have happened by now (this has been a 3 month rumor). As the article pointed out, CPU is at 1/4 of its value in early 98. I don't think management would sell out for $12 a shares which is only a third of what it was trading at 1 1/2 years ago. They will try to get it to those levels themselves.

I believe the stock will rise on it's own merits.
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