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Non-Tech : CompUSA (CPU)
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To: Michael who wrote (1556)3/8/1999 7:44:00 PM
From: Smart Investor  Read Replies (1) of 3187
 
I think the thing to do while waiting for CPU to recover is to short EGGS on any short term run-up. I shorted EGGS at 17, and that partially offset my loss in CPU. I am ready to short more EGGS. If CPU is any indication, we will also see EGGS coming down to the single digit soon. EGGS business is probably even worse than CPU. The computer retailing business is just very difficult. It will get even worse with competions from DELL and BBY. With CPU, we at least have hopes of a buyout. There is no such possibility with EGGS. I believe EGGS will be a good short.
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