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Non-Tech : BBY -Best Buy -- Ignore unavailable to you. Want to Upgrade?


To: Debra Orlow who wrote (581)10/16/1998 1:46:00 PM
From: Ron Kline  Read Replies (2) | Respond to of 980
 
I bought BBY yesterday because I think the stock was oversold and will head higher. Fundamentals are very strong and with the cuts in interest rates the retailers will bounce. We'll see if the shorts or I am right but will put in a stop should I be wrong. Went to LA a month ago and saw a bunch of new stores, all are packed with people. They are now going into the Bay Area and I think they will also do well there. MPT review rates it #1 on their screen so that usually means it will outperform the market.
Ron



To: Debra Orlow who wrote (581)11/2/1998 3:42:00 PM
From: yard_man  Read Replies (2) | Respond to of 980
 
This one is coming back from the dead, eh?