CompUSA (CPU) Message Board

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Non-Tech : CompUSA (CPU)

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To: TimC who wrote (1635)	3/13/1999 10:32:00 AM
From: Richard Makowiec	Read Replies (1) of 3187

Tim, we all feel the pain of confusion. Forecasting from here is a guess. The market has too many variables and can move with you or against you with just minutes notice. CPU can be pushed down from here, alot of margin shares could get squeezed out. It could also shift direction...who knows, I've seen some very strange shifts in the past with my portfolio. A Barrons article, takeover rumor, short covering surprise...just about anything (alot of variables) could hit and shift this thing quick. Problem is you can't count on any of them...when/if they hit they catch you by surprise...that's how the market keeps us from being able to predict accurately and trade accordingly. I hold...I don't buy more though, I stand the risk of some margin calls if this thing breaks $5. If we can just get through March, April may offer some stability...if the PC sector is going to firm up maybe April will be the month (as long as Intel doesn't preannounce like rumor has it). Not a pro here, but from my experience in situations lke this, I usually close my eyes for a couple months and wait. Patience doesn't always pay off but for me it has enabled more reasonable exits on most holdings. Just a thought. Good luck on your decision to hold or exit. Rich

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