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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (4232)1/26/1999 7:35:00 PM
From: Bill Wexler  Read Replies (2) of 4634
 
CPU continues floundering....and I continue buying.

The stock is now trading as if the company is going out of business next week. Pessimism is rampant and the message boards are full of criticism and complaints.

The next earnings report will not be anything to write home about. However, I am convinced that the company has already begun turning around.

Interesting to note that you can now buy all of CPU for about 20% of Tandy. Yet they do similar numbers.

CPU will trade significantly higher in 1999. I also predict that if the company doesn't get sold, it will eventually surpass its old all-time high.
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