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


To: Impristine who wrote (1319)3/1/1999 12:04:00 PM
From: Tradelite  Read Replies (3) | Respond to of 3187
 
Have no clue why the price is so low, but it sure looks like a good way to own shares in a big retailer without spending too much.

On a lighter note (as in ROFLOL!), we can assume the price is low because some people didn't like the looks of the security guard the last time they visited the store. Also suggest these people write to the store's management instead of sounding so bearish on this board. That alone might make the price go up two points!!



To: Impristine who wrote (1319)3/2/1999 2:17:00 PM
From: James Yu  Respond to of 3187
 
Talk about BBY, it reminds me the situation of BBY in 1996.

1. BBY was going to be bankruptcy : Chicago, Jan 10 (Reuter), 1996 - Best Buy Co Inc said Wednesday the electronics superstore retail is seeking to postpone payment on its bills for up to 60 days.

2. Rumors have been surfaced in recent weeks ( Jan 10, 1996 heard from Street) that Best Buy could be forced into merger. One likely suitor, analysts say: Sears.

How about CPU today? It is much better than BBY did in 1996. How about the CPU stock price today? It is worse (the lowest of $10 per share) than BBY did in 1996 (the lowest of $12 per share). Can anyone explain? Can analysts explain?

Best wishes

James