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


To: Shtirlitz who wrote (4120)1/5/1999 5:52:00 PM
From: Don Westermeyer  Respond to of 4634
 
Here's the SmartMoney comments:

Nothing new, but it is one of SmartMoney's portfolio picks.

smartmoney.com

<A SmartMoney 'Pick'>

The computer retailer said sales rose 22% from a year ago to $1.78 billion in its fiscal second quarter. But same-store sales fell 4.7%, from a year ago. While unit sales of desktop PCs rose 50%, average selling prices declined 20% from a year ago. CompUSA said that promotions and lower selling prices will hurt gross margins for the quarter. The company plans to report earnings for the quarter on Feb. 3 after the market closes. Analysts expect the company to earn 22 cents a share, compared to 36 cents a year ago.