ULTE - Ultimate Electronics Message Board

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Non-Tech : ULTE - Ultimate Electronics

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To: Alan Malabanan who wrote ()	5/26/1999 8:15:00 PM
From: Kevin Michael	Read Replies (1) of 8

Alan, I have not been following the stock until recently. I purchased some shares of Best Buy about a month ago then became a little upset when I looked at some of Best Buy's smaller competitors (most of which trade at very attractive PE ratios including ULTE). I noticed ULTE a little too late; this quarters performance was a lot better than last years. I bet the stock price for this company was a steal three months ago. Oh, well. I did, however, come across another company called REX Stores(RSC), which is a retailer of consumer electronic products and appliances, operating mainly in small to medium sized markets. Anyway, it has made quite a jump already, but may still have some pop left! Earnings will be announced next week (already announced 12% first quarters sales increase) and some more buyers may come in. Sorry to hype Rex Stores here, but it may be worth looking into. I agree Ultimate Electronics is quite a success story; I have a feeling that REX Stores is next. Use your own discretion.

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