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Non-Tech : CompUSA (CPU)
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To: Hank who wrote (2980)10/5/1999 1:58:00 PM
From: J.Y. Wang  Read Replies (1) of 3187
 
I think that it depends on how long a person is willing to hold on. Just because CPU has been slammed over the last year and a half doesn't mean that it will NEVER rise again. If somebody is looking for 22 within the next 6 to 12 months, then I'd say they were probably too hopeful. Beyond that, many things can happen to change the outlook for this company that could bring it back to it's old highs. The problem with taking advice from anyone on these threads is that the phrase "long term" usually means 3 months or less.


I agree. I don't mean to say that CPU will "never" hit 22 -- I never use "never" when talking about stocks.

The horizon I was talking about is 6-12 month.

FWIW, I bought CPU at 6 today.
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