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

To: Sonny who wrote (1464)3/5/1999 11:01:00 AM
From: Marty Rubin  Read Replies (1) | Respond to of 3187
 
i bought yest. for 8 7/16 and almost sold at 6 1/4 to take the loss. i didn't because if i didn't buy yest, i would have bought it now at these prices. when you stop and think you'll see that the stock is way oversold. plenty of cash even if you deduct ltd. the stock had been down every day for the past week or so. i'll say a bounce before the close and a small gain on monday. cpu is now 6-6 1/16. low was 5 7/8. volume almost 8M.



To: Sonny who wrote (1464)3/5/1999 11:04:00 AM
From: Smart Investor  Respond to of 3187
 
The immediate action is to replace the company CEO. Al Dunlap is a candidate. At least, he can cut cost. CPU need to cut their cost. Their revenue is more than $5 billion.

Anyway, I think the selling is overdone. I am holding my position for a turnaround.


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