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To: Ray Tarke who wrote (72)	9/8/1998 6:12:00 PM
From: Jeffrey L. Henken	Respond to of 939

I have often thought about starting a thread dedicated to insider buying. It's not often that you see that much stock purchased by that many insiders. CPU holders will have many bright days ahead. InvestRight Regards, Jeff

To: Ray Tarke who wrote (72)	9/10/1998 10:39:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 939

Politics hit Wall Street By MSNBC's Emory Thomas Uncertainty about the possible impeachment of President Clinton, coupled with continued worries over poor economic fundamentals in emerging markets, sent stocks spiraling Thursday, MSNBC's Emory Thomas reports. The Dow Jones industrial average sank a whopping 249.48 points, or more than 3 percent, to close at 7,615.54, while the technology-packed Nasdaq Composite slumped 38.97 points, or almost 2.5 percent, to end the day at 1,585.58. Thursday's slide, coupled with Wednesday's 156-point plunge, wiped out Tuesday's record-setting 381-point rally, which had been touched off by indications that the Federal Reserve might lower interest rates. Ever since the Dow peaked at 9,337.97 July 17, volatility has been the rule, with the average finishing up or down 100 points or more four times already this month and seven times since Aug. 27. With Thursday's drop, the Dow is now down 18.4 percent from its July peak. As in previous sessions, traders attributed much of the plunge Thursday to general pessimism about economic conditions abroad and shaky corporate earnings outlooks domestically. But the fast-moving developments in the Clinton-Lewinsky investigation undoubtedly served as a trigger for the sell-off. On Wednesday, Congress unexpectedly received Kenneth Starr's report containing evidence that could potentially lead to impeachment. Release of the materials to the public could come as early as Friday afternoon. There's "a great amount of anxiety about what is going to happen to the president," Peter Mancuso of Buttonwood Specialists told CNBC from the floor of the New York Stock Exchange Thursday. "I think Wall Street needs to be reassured. Is he going to be impeached? Is he going to resign, or is this thing going to drag out over the next three months or so?" Banking shares took the brunt of the decline Thursday, with stalwarts like Citicorp and NationsBank tumbling several dollars each. Wells Fargo shares were down by double digits during most of the day. Consumer stocks like Procter & Gamble also got hit hard. A frenzied search for safe investments sent long-term bond yields to new lows during Thursday trading. By early afternoon, the yield on the benchmark 30-year bond had fallen to 5.19 percent. Greenwich Natwest Futures' Mike Marzano, speaking to CNBC from the Chicago Board of Trade, suggested that bond yield would continue to disappoint investors. "For the near term," he said, "the pain that's being caused by lower yield levels ... is going to continue." Among equities, there were few safe havens, though oil shares offered some solace. Exxon Corp. and Chevron Corp. each showed modest gains during the bulk of the trading day. For most of the afternoon, stock losers outnumbered gainers by about three-to-one. Major stock sell-offs in Latin America exacerbated the plunge on Wall Street. Brazil shares fell more than 10 percent early in the day, and other regional exchanges in Peru, Mexico and elsewhere followed. dailynews.yahoo.com Overseas markets look like hell again tonight Ray: quote.yahoo.com Come on Mr Greenspan, fess up to that 1/2 point interest rate decrease that's coming. InvestRight Regards, Jeff

To: Ray Tarke who wrote (72)	9/12/1998 2:31:00 PM
From: Jeffrey L. Henken	Respond to of 939

I would like to take credit for the CPU pick but 9 separate insiders made the pick for me. CPU rose over 33% this week Ray and I still maintain it will see $30 again within the next six months. Here are some brief details on that insider buying: COMPUSA, CPU, $4,294,966, 286,600 shares, Who bought: 9 - D,V,V,D,E,V,V,V,D, When: 8/28/98-8/21/98 Average price: 14.99 CPU looked strong all week despite a volatile market. I can't wait to see what I find at the insider trader site this week. InvestRight Regards, Jeff

To: Ray Tarke who wrote (72)	11/1/1998 8:53:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 939

I'm looking over CPU again this morning. I was able to ride it up to 20 from 13 for a nice gain. The stock weakened and fell back down near 11: fnews.yahoo.com This issue has since recovered somewhat to 13 15/16's. I am following this one with great interest because I feel that the strong insider buying is a harbinger of better days ahead. The overall stock market is recovering, the FED is being accommodating and many people might have some profits to take this upcoming holiday season to buy a new computer from Comp USA. I think if we see another small sell off in CPU that the stock will be a great buy despite falling computer prices. What do you think Ray? Regards, Jeff