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

To: allen menglin chen who wrote (950)	1/4/1999 8:03:00 PM
From: Shtirlitz	Respond to of 3187

Here is my opinion on the news: 1. Report is in general confusing. Overall sales up. Same store sales down... Confusion usualy reflects poorly on the stock price, however this stock is already down, which makes me think that most of it is priced in already. 2. One very positive aspect of the release: internet sales. Increase of the 48% is nothing comparing to the increases other companies post. However... pay attention to the number itself. Internet sales are 83 million dollars (up from approx. 43). For comparison look at COOL with 23.5 mln sales and EGGS with 30smth. And internet is all these companies do. Both of them toghether do not have sales of CPU. However their joint market cap is as much as CPU. And they are two of the closest CPU competitors in online computer related sales. This says a lot. 3. 11,000 BTO computer sold during December. This is impressive. Don't forget that servers and laptops are coming up. I would say that CPU will probably stat stagnant for a while, however long term it is going much and much higher. If market will overlook same store sales results and look at the broader picture, CPU stock will appreciate much faster than we expect. Good luck to all.