Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RockyBalboa who wrote (3622)	11/4/1998 11:30:00 PM
From: Bill Wexler	Respond to of 4634

I don't buy into "technical analysis" or "resistance levels". I beleive CPU to be grossly undervalued based on my reasonable assumptions about its interemediate to long range business prospects. I think the stock will probably trade around 20 again fairly quickly because of its current PSR, cash flow, and my assumptions about its current financial condition and comparisons to other retailers. My long term target is significantly higher. I will continue to buy the stock as long as I see the story getting better.