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: digger who wrote (1057)1/27/1999 10:30:00 PM
From: Bill Wexler  Read Replies (3) of 3187
 
LOL!!! Seems that CPU just can't catch a break!

Nonetheless, I have to stand by my original analysis of this company. Almost like clockwork, CPU gets battered by the media every few years. I have no clue why...do these guys have a beef against Halpin or something?

I love the way the article tries to portray the insider buying as a way to mislead investors. I have no doubt that management wants to give investors the impression that they have confidence in the company, but I find it a lot less sinister when management uses their own money to buy their own stock as a stock promotion ploy than when crooked enterprises like HEB and TRBD play news-release games while insiders are dumping. Why don't we see more in-depth articles about that for a change? Note that CPU did not make any news release that insiders were buying. Also note that CPU generally shuns any sort of "hype" press releases.

I remember in 1994 when the stock was compared to "toxic waste" and analysts were declaring imminent bankruptcy...right before it went up tenfold. Oh...by the way....the sinister insiders were buying heavily during that period as well.

CPU's current problems are not even close to what the company was facing in 1994, yet it could be argued that the stock is actually cheaper now (compared to its current financial condition) than it was back then.

We may suffer in the interim, but CPU will eventually trade significantly higher.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News