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


To: Joana Tides who wrote (874)12/9/1998 11:25:00 AM
From: Don Westermeyer  Respond to of 3187
 
FWIW - CPU has been rated a 'buy' in a newsletter I get since $19.50.

The buy is based upon many things, but insider buying is what really put it on the buy list. Financially things look pretty good over the next year for the company also and the stock price looks undervalued compared to its peers.



To: Joana Tides who wrote (874)12/9/1998 6:31:00 PM
From: MJB8743  Respond to of 3187
 
Not to mention heavy insider buying....a repeating pattern which has historically preceded an upward push in stock price.



To: Joana Tides who wrote (874)12/9/1998 11:48:00 PM
From: cbstock  Read Replies (1) | Respond to of 3187
 
Hi, JMO, but I believe that the weakness in CPU right now is due to tax loss selling and options expiration next week. Many folks that had long term gains sold in a panic in OCT and they need some offsets. If they held CPU it is a good one to dell and buy back in 31 days There is a mountain of cash on the side line waiting to enter this market but the timing has to be just right. The time from Dec 21 to Dec 31 could be very interesting if the tide turns. There is a lot of interest in CPU by lots of big players and these little day trading games can quickly turn into the same type of gusher that has helped the Semis. I am long and expect to do well soon..

Regards

cb