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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Phil(bullrider) who wrote (3618)	11/4/1998 9:33:00 PM
From: peter michaelson	Read Replies (2) \| Respond to of 4634

Phil: I know 2 locations, but that still is no sample. In a past life, I visited and analyzed literally hundreds of companies with a view to buying them outright. One thing I learned is that a mole in one random spot is usually symptomatic of cancer. Might not be, but usually is. In your example of the one poor store manager, that store manager should be identified by upper management and replaced. He/she will be spotted via the systems upper management have in place to do so, which includes visiting every store with some frequency. (upper mgmt, being plural in some cases). If an unpleasant store continues on that way for years, then there is a disease is there somewhere. Not necessary incurable, though. These are just generalities, of course. CPU may be a great stock. It may be a great turnaround. Some of the best investments I ever made were in poorly run companies, with an eye toward improvement. Thanks for chiming in Phil. I guess I should go read a CPU filing or two if I'm going to continue opining. <g> Peter