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


To: michael who wrote (2077)4/6/1999 3:29:00 PM
From: allen menglin chen  Read Replies (2) | Respond to of 3187
 
A real dog! Market up 100+ pts, CPU down a tick; market down 50 pts, CPU down 5%! My average cost was 12. If I didn't sell when it was 10, how could I sell when it hit 7 7/8?! I'll give the damn CEO another 3 months for the spin-off and hope for the best. 6 is the critical short-term support. Any bad news came out today?



To: michael who wrote (2077)4/6/1999 10:56:00 PM
From: Sparky65  Read Replies (1) | Respond to of 3187
 
I have to admit that I am suprised by the stock heading back down to levels before the internet announcement. I guess it gets back to my concern from a few days ago that the street does not have faith in the management to do the right things to turn this company around.

I did sell 99% of my position last week at 6 7/8- 7. I may consider getting back in if it hits 6 again. But, there are to many other good buys in the market to be taking a risk with a stock like this one.