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

To: Scotsman who wrote (707)	10/7/1998 12:16:00 PM
From: James Yu	Read Replies (1) \| Respond to of 3187

To All, I strongly speculate Goldman's motivation of downgrade and upgrade to CPU. Here is the stories. Short Stories Tuesday, October 6, 1998 **** 10:00 -- 11:00 ET (Updated throughout the hour)**CompUSA Inc. (CPU) 15 3/4 +7/16: Goldman Sachs downgrades retailer of electronic products from 'trading buy' to 'market outperform' as it sees no catalyst for near-term outperformance; feels that non-retail business (40% of sales) is lagging somewhat, while the consumer side is better; maintains current EPS estimates, although further corporate spending slowdown could jeopardize earnings outlook..... Short Stories Thursday, September 03, 1998 ** BEFORE THE OPEN ****CompUSA Inc. (CPU) 14: Goldman Sachs upgrades major electronics retailer from 'market outperform' to 'trading buy' and sets a six-to-nine month price target of $17-$18 a share..... If we look at the price movement from August 28 to Sep 22 (top), CPU's stock price hit the Goldman's target (I believe Goldman's clients started to sell the stocks after Sep 22). After Goldman's client sold out CPU stocks, Goldman gowngraded CPU on Oct 6, 1998. Anyway, this is all of my speculation. Anyone comments? Best wishes James