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Non-Tech : CompUSA (CPU)

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To: Smart Investor who wrote (1654)3/16/1999 12:20:00 AM
From: Ed Stern  Read Replies (1) of 3187
 
Put yourself in a buyer's shoes... if you were to pay say $12 a share, roughly 1.1 billion, what are you really getting ? Not much, I'd say... not any real goodwill (o.k...maybe that Bowl game hype !) , no real assets (aren't all their buildings leased ?).... don't think I'd be in a hurry to buy them even at this low price. Not that I wish it wouldn't happen !!
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