SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?


To: William L. Oppenheim who wrote (2642)6/17/1999 2:58:00 PM
From: Michael  Read Replies (1) | Respond to of 3187
 
Regarding CPU and Staples, I believe the fact that Staples nor the CEO of CPU has denied it indicates that at a minimum talks have been held. Maybe they won't turn into anything other than talks. However, just the fact that Staples was interested indicates they have something of value.



To: William L. Oppenheim who wrote (2642)6/18/1999 12:04:00 AM
From: Steven Messina,L.M.T.  Read Replies (1) | Respond to of 3187
 
Evidently, some insiders have been selling CPU.

I went short today at 8 3/16.

******************************************************************
June 16, 1999 10:17

CompUSA Executives Together Sold 165,223
Common Shares (CPU)

(NewsTraders.com)-- Two executive vice presidents at CompUSA Inc. (CPU)
sold 165,223 common shares, according to Form 4 filings released by the
SEC on Tuesday.

In a Form 4, Lawrence Mondry reporting selling 100,000 shares in the range of
$7.38 to $7.75 a share. Mondry provided June 25 and June 26 as the dates of
sale, however, the filing was released by the SEC on June 14. The filing also
states that Mondry retained 450,000 shares directly and 1,065 shares
indirectly after the sales.

Ron J. Gilmore sold 65,223 shares at $6.00 a share on May 10. Gilmore kept
7,147 directly and 574 shares indirectly after the transactions.

Shares of CompUSA, a Dallas, Tex., based retailer of computer hardware,
software, and accessories, closed down $0.25 yesterday at $7.69.

Copyright 1999 NewsTraders Inc. All Rights Reserved 10:23 Wednesday, June
16, 1999