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Non-Tech : CompUSA (CPU)

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To: TimC who wrote (1635)3/13/1999 10:31:00 AM
From: blankmind  Read Replies (1) of 3187
 
knowing the financials and the fact the polley started ceo of cpudirect and the spinoff coming, cpu is no boston chicken. if i were to sell at this price, i would wait for the spinoff/ipo to occur first of cpu direct. i added to my position on friday, and i purchased as you do near the 13 level. as we wait for the ipo announcement, which should give us a bounce and then i will decide to hold or sell. outside of some huge seller on friday, there was some huge buyer also, but was overwhelmed by the seller. hopefully friday was the last day of managers cleaning up cpu from their portfolios.

good luck.
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