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Technology Stocks : Jimbo's Playhouse/CPQ

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To: fooledalot who wrote (1180)5/16/1999 10:12:00 PM
From: Night Writer  Read Replies (2) of 12662
 
foodedalot,
Thank you for your rundown on the stocks. JCP owns the third largest drug store operation along with their retail stores. There is some talk about J.C.Penny starting a web store. They already have distribution set up due to catalog operations. Interesting play because stock is currently down. My broker advised they could miss numbers this quarter, but he personally likes the company. I think they report this week or next. Fund manager on NBR Friday night also likes the JCP.

Some current theory on consumer e commerce is that established retail players will move into consumer sector and do great business. JCP falls in this area.

I have not done intense research on JCP. Golf season has slowed me down.
NW
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