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Non-Tech : CompUSA (CPU)

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To: scotty who wrote (1947)3/30/1999 10:36:00 PM
From: Sparky65  Read Replies (2) of 3187
 
Lets have some fun. How about CPU closes all there retail stores and just uses them as service centers. Then they can have alot less overhead, yet have the service abilities. Then, as the stock goes up do to excitement, CPU can use stock to buy up their competitors like EGGS.

Say, this idea may have some merit if I knew what I was talking about. I agree with the previous post that said that a company with $400m in the bank should not be trading at this price considering that they have just introduced a new business model which will bring companies a whole lot more profits in the future.

I am long this stock. Look out after the next 2 quarters. Lets say the make $.30 a share this year, then take the PE's that internet stocks are trading at, this stock should trade a lot higher.

Also, remember BBY a couple of years ago when they were going through some problems, and look at it now.
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