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


To: cbstock who wrote (888)12/23/1998 10:28:00 AM
From: cbstock  Read Replies (2) | Respond to of 3187
 
I believe that this stock has been pushed down by tax loss selling. The stock price was around 35 in March. I agree with a another submittal about the stock being an Internet play. It could be a "Discovered Company" next year. CPU has a very good web site for selling all the products in the inventory.

The last time to sell and offset gains in other stocks is tomorrow so if I am correct the stock will begin a reversal in a few days. This is a good play. The stock is oversold and at a triple bottom. I have bought and sold several times over the last 4 years and it has always been a gift at this time of year and if you look at the chart it has always been down in Dec. The first Quarter is not strong for retail.

I just bought another 1000 for what it is worth. The volume is very low and if there was something more dreadful going on there would be much larger selling.

JMO

Regards
cb