Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (45642)	2/3/1999 6:47:00 PM
From: Earlie	Read Replies (5) \| Respond to of 132070

Tippet: Thanks for emboldening the parts that I would have underlined following printing. (g) - America's largest computer store,.......too bad this isn't representative of the general situation out there. Obviously a small sample. - net income cut in half you say? Must be company-specific. - revs up (added stores) and earnings still down? Surely nothing to do with ASPs. Same store sales down? Can't have anything to do with "saturation". - Computer unit sales up by 50% (again, stores were added), but average selling prices down by 20%. My, my. Good thing we are into the beginning of a powerful up cycle in PC sales. Best, Earlie

To: yard_man who wrote (45642)	2/3/1999 8:18:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Tip, I loved the ASP down 20% comment. But, they are only the largest computer retailer in the world, so what would they know? <G> It looks to me like even the "hot" consumer box sales were slightly negative while the business side was totally dead meat. BTW, if I were a CompUSA shareholder, I might ask why the heck they paid the price they did for the Computer City stores if they were going to be this much of a drag on profits? Wait a second, I know the answer. Dataquest and IDC told them in 1997 that pc revenues would be up 17% in 1998. That's the glitch. <G> MB