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

To: Jay Rommel who wrote (629)	7/7/1998 5:57:00 PM
From: cbstock	Respond to of 3187

The down side is limited but the stock will probably be in a trading range for the next few quarters even though some of the charting technical's are positive. This is because of the recent purchase of Computer City stores from Tandy.... The Street needs to validate the fact that the purchase will add to profits and not hurt earnings..Check reply 630 from James Yu. It appears to give a good run down on the current picture. I think I will buy 1000 shares at the next dip in the stochastic's and hold for a while. It should be good for a 30% gain in 18 mo You might look at PRGN...It is a good buy and really on a tare. Thanks for the exchange!! Regards cb