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


To: Surfratiam who wrote (1346)3/3/1999 8:00:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 3187
 
Well...at least I can console myself with my EGGS short.

I recommended shorting EGGS at 25 as a linked trade with going long CPU. EGGS has declined 40% since then while CPU has declined 30%.

My CPU long position is considerably larger, so it doesn't quite balance out, but I'm still sticking by my guns on this one and I'm buying more.

Come to think of it, if the current rate of decvay holds up. CPU will be at zero within 3 weeks. Wow...I can own the whole company for nothing!!!



To: Surfratiam who wrote (1346)3/3/1999 10:32:00 PM
From: Thanh T. Phung  Respond to of 3187
 
I agree. I doubled my CPU holding today mainly due to the large amount of cash they have. I'm currently looking for a little pop next Monday due to the first Microsoft online store opening as reported by cbs.marketwatch.com

On March 8, Microsoft will officially launch its first online store where customers can order software, Microsoft Press books and hardware through one of four e-tailers: Beyond.com (BYND), CDW (CDWC), CompUSA (CPU) and Insight (NSIT)...

Thanh



To: Surfratiam who wrote (1346)3/4/1999 8:51:00 PM
From: Vol  Read Replies (2) | Respond to of 3187
 
"Bought more today... This is a no brainer."

You're absolutely right. Buying CPU is definitely a sign of having NO BRAIN!!

Vol

P.S. I'm in at 12 and 10.