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

To: Michael who wrote (849)	11/28/1998 2:23:00 PM
From: Richard Makowiec	Read Replies (1) \| Respond to of 3187

Hi everyone...didn't realize that this thread was still going. Been out of CPU for awhile...til yesterday. Back in long at $ 13 7/8. Definately not an overbought condition here (to me). Paaaaaaaalenty of room for this one to recover from the latest Asia, Clinton, Iraq, PC price wars,etc. climate of recently. I'm personally looking for a double from recent lows set during Oct/98. In other words $22 near term (2x the approx. $11 low). Note: to me, "Near term" means about 6-8 weeks. I've played this one for years and can't claim that it will do what I want, when I want...can only state that I like it now and that it's been awhile since I have been long the stock (prior to last Friday's buy-in). If the market in general remains stable...CPU should at least recover to $22 (again, recovering from the weak earnings expectations and the Asia flu drag on the market recently). If, by some chance this one gets hyped -via- internet commerce, then who knows how high it could go...I don't much care about that...I don't play on those hopes anyway. Just playing for the market recovery that hasn't really factored into CPU yet...but it should!!! CPU is due this at the least and I have a pretty good (but subjective) feeling that the, "Boys" will see that it happens shrtly. Crazy as it sounds, that's my reasoning for entrance (along with overall strength in the comp and comp retailer sector). Good luck to all long CPU!!! Rich (in until $22-24...once reached, I will decide if I will extend my holding distance)