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Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?

To: cbstock who wrote (628)	7/7/1998 11:06:00 AM
From: Jay Rommel	Read Replies (1) \| Respond to of 3187

Don't know ... All I know is that I buy tons of sh*t at COMP ... I would like to invest in this sucker, but I'm starting to think my money is better off elsewhere... There a lot of beaten up stocks out there that might be a better prospect ... e.g. AMAT, SEE, CD, PMTC, XRAY ... I know one of these stocks will rebound big time by September ... I just don't know which one??? I'm doing my homework right now ...

To: cbstock who wrote (628)	7/8/1998 11:29:00 AM
From: Jay Rommel	Read Replies (1) \| Respond to of 3187

Interesting News Tandy's Radio Shack Same-Store Sales Rose 12% in June (Update1) Bloomberg News July 7, 1998, 11:50 a.m. PT Tandy's Radio Shack Same-Store Sales Rose 12% in June (Update1) (Adds analysts' comments; updates stock price.) Fort Worth, Texas, July 7 (Bloomberg) -- Tandy Corp., the largest consumer-electronics retailer in the U.S., said June sales rose 12 percent at its Radio Shack stores open at least a year, almost twice as much as some analysts predicted. At the Computer City chain, which Tandy sold to rival CompUSA Inc. for $275 million last month, same-store sales rose 6 percent. Total sales at the 6,900-store Radio Shack chain rose to $246.8 million from $216.1 million in June 1997, Tandy said. The increase was driven by demand for telecommunications products, such as cellular telephones and service offered through a marketing agreement with Sprint Corp. ''Radio Shack's on a path for the next several years where they will continue to ride the demand wave in the U.S. for wireless products,'' said Peter Caruso, a Merrill Lynch & Co. analyst who has a ''buy'' rating on the stock. Shares of Fort Worth, Texas-based Tandy climbed 1 13/16 to 54 3/4 in midafternoon trading. Radio Shack sales have surged as it added brand-name electronics and personal computers made by Compaq Computer Corp., and services such as satellite television and electronics repair. ''Some of their bread-and-butter categories have been doing well, too,'' said Lynn Detrick, an analyst with Sanders Morris Mundy Inc. in Houston. Sales of batteries, electronic parts and accessories contributed to the June sales gains, Tandy said. Dennis Telzrow, an analyst with Hoak Breedlove Wesneski in Dallas, said he expected a 7 percent increase in Radio Shack's same-store sales. The 6 percent increase at the 100-store Computer City chain also exceeded his expectations. ''That's a good number, particularly given what happened at CompUSA this quarter,'' he said. PC Problems Dallas-based CompUSA told investors last week that it expects to report a fiscal fourth-quarter loss because of falling personal computer prices and slack demand. Those same factors prompted Tandy's decision to sell Computer City rather than continue with a planned spinoff to shareholders. Both computer retailers have been hurt by increased competition as more consumers and businesses buy PCs over the Internet or by telephone from manufacturers such as Dell Computer Corp. and Gateway 2000 Inc. In addition, the average retail price for a personal computer has fallen about 17 percent in the past year. ''Tandy investors are just thrilled to death that Computer City and its volatility are finally being disposed of,'' Caruso said.