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


To: Shtirlitz who wrote (4063)12/28/1998 5:08:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
Historically, CPU's stock performance has always been poor during November, December. Last Q's numbers weren't exactly exciting, and there is the perception that CPU is "only" a bricks and mortar retailer. Mix in concerns about lower ASPs and lower margins and it's easy to see why the stock got hammered.

CPU's business is cyclical, and management has always done an excellent job of reinventing the company. I am certain that mangement has interesting plans for the company next year...that is exactly why they bought 500,000 shares of stock. The fact of the matter is that gross revenues continue to climb and the company maintains a fast-growing and profitable web presence.

Be patient and continue to accumulate the stock. It will trade significantly higher.