REX Stores (RSC): The next BEST BUY? Message Board

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Non-Tech : REX Stores (RSC): The next BEST BUY?

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To: kendall harmon who wrote (7)	6/2/1999 9:22:00 PM
From: Kevin Michael	Read Replies (1) of 24

Still following? Another huge volume day today: 177,100 shares traded! It would have been nice to have an uptick, though. Can't complain: RSC started the year trading at 13.5 and closed today at 21 7/8. On January 21, 1999 only 100 shares were traded all day!!! Shares were priced at 13.5 during the start of May (a 62% increase in one month)! Consumer electronic retailers are no doubt the hottest sector to be in right now!!! This explains why even shares of Good Guys are starting to move (up 20% today on speculation)! Best Buy announces its sales figures for the first quarter this Friday, which should make things even more interesting. Go consumer electronic retailers!!! Happy investing, Kevin Michael

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