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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey D who wrote (28872)	3/4/1999 11:24:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Jeffrey, re > If CompUSA wants to know where their customers went all they have to do is drive down the block to the nearest Best Buy store to find them. CompUSA sells computers and software only. Best Buy also sells TVs. Still, knowing CompUSA, I believe their customers went elsewhere. Best Buy Company sells personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories through its retail stores. biz.yahoo.com Gottfried

To: Jeffrey D who wrote (28872)	3/4/1999 11:34:00 PM
From: David Rosenthal	Respond to of 70976

Jeffrey, So, Stefan, I now see you have added CompUSA to your outlook on the "big picture" in technology. Wow, first 3COM and now CompUSA. You sure know how to pick lousy companies to try to prove your point. In the meantime, in a story the same day as CompUSA's announcement, we have the following from Best Buy. If CompUSA wants to know where their customers went all they have to do is drive down the block to the nearest Best Buy store to find them. Funny that this does not seem to fit in to your "big picture" scenario. This table is from the current announcement. Year over year Home Office is down a point. In the quarter ending 11/98 Home Office was 38% though some of this was seasonal (see SEC filings for this figure). However, I don't think you can conclude that Best Buy's announcement contradicts the other evidence of a slowdown in computer demand. Quarter Ended Fiscal Year Ended 2/27/99 2/28/98 2/27/99 2/28/98 Home Office 34% 35% 36% 38% Consumer Electronics 28% 28% 27% 26 Entertainment Software 23% 23% 20% 20% Appliances 6% 6% 8% 9% Other 9% 8% 9% 7% TOTAL 100% 100% 100% 100% Dave

To: Jeffrey D who wrote (28872)	3/5/1999 12:34:00 AM
From: Stefan	Read Replies (2) \| Respond to of 70976

Jeffrey D there is no advantage for me to convince you that PC sales have slowed so I will stop at that. I got burned very bad by thinking the way you do right now. I looked at all the good news just to support my decision to hold a stock and dismissed all the red flags. Once the stock tanked to 1/3 of the price I paid then I realized how foolish my decision to hold was. I am still holding it at a loss but it recovered most of the losses since they have changed management, but if I was not as hard headed I would have a two bager instead of a loser in about four months. I hope you learn from my experience but if not then it's your decision. Don't fall in love with a stock. Cheers and be careful.