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

To: Smart Investor who wrote (1926)	3/30/1999 2:10:00 PM
From: UFGator93	Read Replies (2) \| Respond to of 3187

I hope you're right, Smart Investor, but I seriously doubt it. CompUSA is a beaten-down stock right now. It has quite a bit of market psychology to overcome. As someone pointed out, even a stock like EGGS (which should not be trading favorably relative to CPU based on fundamentals) is better accepted on The Street right now. Some stocks are Wall Street darlings. CPU was a few years ago. Some stocks go through a series of troubles and have to do quite well to climb out of a hole. I think this is where CPU is now. There were lots of investors screaming about management being misleading back last December or so. Lucky for me I was just watching at the time. Now, the same type of thing is happening with the positive comments released one month before strong negative earnings warnings. Unfortunately for me I am holding on through that one. The result is it's going to take quite a bit of doing before people put much faith in CPU again. That said, I think that short of bankruptcy, CPU should find its way back to 15-17 within the next two/three years. This is assuming that management makes some positive moves, the Computer City acquisition turns out well, and cyclical computer demand picks up. So, in my opinion, CPU is a decent two-year bet for 100% gain with probably a pretty good floor of support at 5. Damon