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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: robbie who wrote (40113)	12/15/1998 7:54:00 PM
From: John Koligman	Read Replies (2) \| Respond to of 97611

On a more serious note, I believe Lynn and others were talking about Best Buy a couple days back, specifically their lack of product/service. I saw this on the Intel thread, thought I would post it here. Apparently they are doing pretty well.... John To: Burt Masnick (69878 ) From: Harry Landsiedel Tuesday, Dec 15 1998 6:54PM ET Reply # of 69883 Burt. RE: "why is Intel up 4" Best Buy's earnings were up. According to the Motley Fool: "Leading home electronics retailers Best Buy (NYSE: BBY) and Circuit City Stores (NYSE: CC) advanced today after Best Buy reported Street-beating fiscal third quarter (ended Nov. 28) earnings and hinted at more good news this month. "Consumer confidence combined with hot technology products and great deals kicked off what should be a strong holiday season at Best Buy," said CEO Richard M. Schulze, whose company hummed ahead $4 1/8 to $53 1/8 on reporting Q3 EPS of $0.52, beating the year-ago $0.29 figure and First Call's $0.50 per share estimate. Schulze credited strong sales of entertainment software and technology products like DVD, DBS, digital cameras and cellular telephones for driving a 106% year-over-year net earnings increase. Circuit City, which was upgraded to "buy" from "outperform" by Salomon Smith Barney yesterday, advanced $3 3/16 to $43 1/2 today." HL ------ Previous