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


To: blankmind who wrote (2106)4/7/1999 5:28:00 PM
From: Richard Makowiec  Respond to of 3187
 
BBY short at 20,30,40? Not me...didn't touch it. will here though and cross my unlucky fingers of late<g>.

CPU? Too many...way too many shares have been shaken, only a few capital powerhouses that I know of that could have accumulated big positions (and not have to report them) during this shakeout...the houses are holding a paaalllllenty as far as I'm concerned. Long term hold for sure here for my shares. Ticked off as much as everbody else that I didn't see this beating in CPU prior to entering, but oh well...not the first and won't be the last time I'm sure. Finding personal comfort recently by coming to terms that this one is not going to recover overnight...will take awhile.If some other plays of mine work out over the next month, I'll add more CPU accordingly...no funding to buy anymore here presently, although I wish I could.

Nice gamble in CPU for the rebound...no indication, to me anyway, that they won't be around this time next year...hopefully not trading at $6 or worse though<g>

Rich (Good luck everyone...try not to let CPU depress you too much...somebody has been buying the shares that have been dumped...somebody with a lot of capital and hopefully a lot of influence if you know what I mean<g>)



To: blankmind who wrote (2106)4/7/1999 8:12:00 PM
From: Richard Makowiec  Respond to of 3187
 
On second thought...I guess I have to wait yet a few more days on that BBY trigger. Just read the news release (BBY) talks about the online efforts they are developing. Better to wait and see if the street will loft it up some more based on the PeaPod executive they hired to grow the site.

Too bad...CPU had similiar news and ultimately no reward...let's watch and see if the street pumps up BBY some more, no sense in being too early to the party and shorting it now.

Sorry for being off topic...just wanted to make it clear that the BBY trigger will not be pulled after all.

Thanks everyone,
Rich