| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 302.1 | Just a guess - CompUSA | MCIS2::BONVALLAT | | Thu Oct 29 1992 17:37 | 10 |
| Although I'm not familiar with that publication, I suspect the company
he is making reference to could be CompUSA. They have been the "hot item"
in the discount computer superstore industry this year. Stop by and
see their store in Woburn, MA if you're interested.
They went public at about $15 late last year, bounded to $40+something,
retreated to the low $20s about 5-10 weeks ago, and now the stock has
rebounded nicely and is selling for about $40.
It looked interesting in the low $20s, but there is a lot more risk at
$40 I think.
|
| 302.2 | Perhapos this info will (in)validate your guess | FRITOS::TALCOTT | | Fri Oct 30 1992 12:47 | 7 |
| CEO is Nathan Morton (from Home Depot)
Executive VP is Keith Costine (from K-Mart)
BOD includes Bill Bateman, co-founder of Price Club
My only guess was also CompUSA, BTW.
Trace
|
| 302.3 | We guessed right | MCIS2::BONVALLAT | | Fri Oct 30 1992 12:58 | 6 |
| That seals it. It is indeed CompUSA.
I don't recognize the other two names, but I do know
that Nathan P. Morton (who came over from Home Depot)
is definitely the CEO of CompUSA.
Good luck if you decide to buy it. - Jeff
|
| 302.4 | growth, cyclical, turnaround, ... | VIZUAL::FINNERTY | Sell high, buy low | Mon Nov 02 1992 08:38 | 16 |
|
re: buying at new highs & P/E's
According to some very successful investors, buying at new highs
is generally a good idea. The thing to understand is the kind of
company you're buying (as opposed to the kind of stock)... if
you're buying a cyclical, then by all means buy low sell high, but
if you're buying emerging growth, then generally buying high and
selling higher works better than finding bruised growth stocks
(unless you've studied the turnaround situation carefully and know
something that Wall St. doesn't know).
as usual, your mileage may vary
/jim
|