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

To: frank meysamy who wrote (1632)	3/13/1999 4:11:00 AM
From: blankmind	Read Replies (1) \| Respond to of 3187

interesting motley fool article on cpu. could put us over 6 next week. some snippets: Balance Sheet Cash: $402.9 million Current Assets: $1,504.7 million Current Liabilities: $1,163.5 million Long-term Debt: $246.6 million Ratios Price-to-earnings: 16.6 Price-to-sales: 0.1 EV-to-sales: 0.07 The Internet presents the largest opportunity and most daunting challenge. To address it, CompUSA is separating its Direct business into a stand-alone company and pumping an additional $2 to $3 million a quarter specifically into the Internet operations. On February 11, it appointed R. Stephen Polley, formerly CEO of Interphase (Nasdaq:INPH - news) , as Chair/CEO of CompUSA Direct. Its Q2 Internet sales grew 100%, and its redesigned website has won accolades for ease of use. CSFB puts the bear case valuation at $5.52 per share, assuming the Direct business is worth $898 million and that the stores are simply closed (with accompanying charges taken). We're not far from there now. fnews.yahoo.com

To: frank meysamy who wrote (1632)	3/13/1999 1:53:00 PM
From: frank meysamy	Read Replies (1) \| Respond to of 3187

To all, cpu stores are still profitable and will stay profitable. They make money on selling high margins products, their service departments are all booked, make lots of money on repairs and upgrades, they have army of corporate sales people with big accounts. How they come up with that 5-6B revenue? They are here to stay and become dominant of service and convenience. Supposedly your toshiba keyboard gets screwed up by spilling coffee on it, where do you go to get help? those little stores which are running by minorities, simply charge you alot to replace the keyboard. And nobody carries the parts. But you can go to CPU store, they order the part for you, and you are assured there is a reliable company behind the service department rather than a ripped off joint. Ok, the problem cpu has been having, buying the COmputer city stores, Upgrading their internal system to SAP, Buying manufacturing sites to build their own brand of computers, all these growth cost money and bring their own organizational headaches. But the bussiness plan is good, not well refined, and not the right management for the job. But I'm sure they will get their shit together and surpirse the market, sooon. Just stay patient, and average your price while the stock price is close or under it's real value. Best Regards.