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Non-Tech : CompUSA (CPU)

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To: Renee Scherb who wrote (9)10/30/1996 3:59:00 PM
From: Richard Makowiec   of 3187
 
Ouch, we have all been in that position before. Well, I offer no guarantee...only an opinion. I believe it is going lower. The sell-off may ease up, CPU could advance, but short term I'm looking for mid 30's. I respect your long position and hopefully you were in when the ride up developed. Do you have long term outlooks for your CPU position?
PS: I did unload half of my positions to lock in profit, I guess in a way that could be viewed positively for a long position (if I was stronger on my downward belief, I would have maintained full exposure for more profit).
Best of wishes to you, Rich
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