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

To: Herc who wrote (2341)5/5/1999 5:42:00 PM
From: Michael  Respond to of 3187
 
The one bad thing out of the conference call that really goes to management's credibility is they said they may close some stores. They just took over Computer City to expand (and eliminate competition), and closed redundant stores and converted them all to CPU stores. Now, they are going to close some?



To: Herc who wrote (2341)5/5/1999 7:32:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 3187
 
Most longs do not care the results this quarter. It is a foregone conclusion. Looking forward, a price/sale of 0.11 is just too cheap for a company with more than 5 BILLION in revenue. The street is insane, but soon or later some people will regain their sanity and start buying CPU. I plan to hold CPU for at least 12 months, and see what happens.


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