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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: Michael E. Baldino who wrote (5501)3/18/1999 10:14:00 AM
From: musicguy  Read Replies (2) | Respond to of 9115
 
For once we agree... I have traded CPU before and always come out ahead. It has been REALLY beaten down lately because of lower earnings, and may be in a little trouble now, but still a very good stock. PC sales may be in a slump, and their troubles may not be over - they may not have hit bottom, but when they do it'll be a solid buy. NOT what I'd consider a daytrade or even a short term play, but you're right it's a good long term pick...

from a few weeks ago:
"Computer superstore company CompUSA (NYSE:CPU - news) got clocked today for a $1 3/4 loss to $6 3/8 after announcing that third quarter
same-store sales will decline in the high single-digit percentage range. Combined with the cost of other initiatives, the company expects to report a loss of a
few pennies per share for the quarter. Additionally, CompUSA is forecasting a loss in the fourth quarter "based on current business trends." Analysts,
believing one of those trends is a slowdown in corporate computing products spending, lowered their opinions of the company today, with at least four
brokerages issuing downgrades. However, the array of assets the company has -- both virtual and hard assets -- is of interest to at least one Fool, as
described in today's Fool Plate Special "

MG