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


To: Friend who wrote (931)12/30/1998 7:10:00 PM
From: Mongo2116  Read Replies (1) | Respond to of 3187
 
17:51 12/30 A handful of PC and computing products retailers got a boost today after
trade rag Computer Retail Week announced that sales of computer-related
merchandise was up a "respectable" 13.8% to $29 billion in 1998. The results
exclude sales from mail order firms and this year's crop of start-up firms.
CompUSA (NYSE: CPU), which was listed as the top retailer for the year with
$5.75 billion in projected sales, gained $3/4 to $13 1/8 today. Second on
the list was computing and electronics retailer Best Buy (NYSE: BBY), which
rose $1 7/8 to $61. Further down the list with $1.24 billion in estimated
sales was office supplies mainstay OfficeMax (NYSE: OMX). That total was
good enough for eighth place in computer-related sales, sufficient ammo to
send the company's shares up $1 to $12.

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