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


To: Smart Investor who wrote (1965)3/31/1999 2:47:00 PM
From: Sparky65  Respond to of 3187
 
Smart investor, I unfortunately am not very smart so forgive me for the dumb question: When you say "This is a sign that some big boys are establishing a position in CPU", how do you know that to be the case.

I felt like when the stock moved big the other day, that a lot of it was day traders trying to make a buck. Volume has decreased again and the stock has been weaker. It hit 7 15/16 at a high the other day, now at 7. A pretty big pull back.

I always thought that if there was interest in buying a stock particularly by the big boys that the interest would drive the stock higher. It has not.

BTW, just called IR, numbers will be released today. Ther should be no big suprises, but plan on them making a big statement about the internet site. I have left a message for IR to call back. I am interested in what the company plan is for advertising their web site.

My biggest concern of this company is the ability of the management. They seem to have all the pieces in place to be successful, management is key.