SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CompUSA (CPU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Yu who wrote (756)11/2/1998 4:33:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 3187
 
Actually I think we see some very good strength in the stock market currently. Consumer confidence will be high this holiday season and there are lots of us like myself who will be looking to upgrade their computer systems with this year's model.

As far as CPU goes I think we might just see 20 again before we see 13. The last time the stock crossed 20 it did not stay there long. I'm not sure if that was due to the upcoming poor earnings or the limited initial rate cut from the FED. Either way I think the path upward may be clear to a little above 20 for now. At that point we have got to expect some profit taking.

Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext