Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Richard Makowiec who wrote (2051)	4/5/1999 11:10:00 AM
From: TH	Respond to of 3187

Richard, I agree, made a lot of good/great plays until this one. CPU put a big ding in the portfolio quarter panel. I think that there will be a place for brick and mortar. CPU could be this place if they take the action the market demands. I also think that Halpin is not the man. I think short term we are going to see 1 to 2 point bounces up and down. To break 12 we will need major news or a couple of good quarters. The good news is that once this is back on track with a couple of good quarters then upward movement north of 12 will come fast. This was my single worst call in the last five years. The last really bad call was a little fast food joint called Checkers. Two days after I went really long (on a tip from my buddies brother who works on the street) the CEO gets named in a class-action suit, that turned out to be based on the truth; for a change. Lost a bundle on that one. I think the street is going to punish CPU for a while, but one thing I do know is that you never know when they are going to change their mind. Wish I had more answers and I wish CPU management did a little bit more to show that they are aware of shareholder value, and they do the right things to restore it. Good Luck Thurston

To: Richard Makowiec who wrote (2051)	4/5/1999 11:11:00 AM
From: louis mason	Respond to of 3187

It's about time Apple kicked some lame CPU butt: "contract requirements forced Steve Jobs to place a call to CompUSA executives earlier this month. According to several sources with ties to Apple and CompUSA retail sectors, a number of CompUSA retail outlets have failed to meet the minimum requirements for Apple certified staff on hand from opening to close. According to other sources, several locations do not even staff an Apple certified technician, let alone provide one around the clock." Now maybe CPU will get it's act together- lmason