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

To: Michael who wrote (2121)	4/8/1999 3:29:00 PM
From: jgideon	Read Replies (1) \| Respond to of 3187

Support was some big numbers on the ask at 5 15/16. It got taken out once or twice, but always came back with about 50 k shares. Now we seem to have moved up to a relatively solid position with 20 k shares on the bid at 6 1/16. It has been taken out, but comes back. What's nice about NYSE stocks is that the movement is not as erratic as NASDAQ, and things like this can mean something. I would say the shorters that were prevalent after the bump have done their thing and somebody is slowly eating up shares at the 6 level. Shorts covering? Who's to say. Only somebody with more info than me. jg