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CompUSA INC. APPLIES TO LIST COMMON STOCK ON NEW YORK STOCK EXCHANGE; ANTICIPATES SHARES TO BEGIN TRADING IN DECEMBER

 DALLAS, Nov. 20 ~PRNewswire~ -- CompUSA Inc. (NASDAQ: CUSA), America's largest computer superstore retailer, today announced that it has applied to list its common stock on the New York Stock Exchange.
 CompUSA anticipates that its common stock, with approximately 18 million shares outstanding, will begin trading on the NYSE in early December under the symbol CPU.
 "Listing our common stock on the New York Stock Exchange represents another major milestone for CompUSA and reflects the results of our rapid growth and solid financial condition," said Nathan Morton, president and chief executive officer of CompUSA. "We believe that the NYSE listing will enhance the liquidity of our shares, while increasing CompUSA's visibility to individual and institutional investors throughout the world."
 CompUSA Inc. currently operates 36 high-volume computer superstores in 24 metropolitan markets throughout the U.S. These superstores offer more than 5,000 products, including microcomputer hardware, software, accessories and related products, at deep- discount prices to retail, business, governmental and institutional customers. The superstores also include full-service computer maintenance operations and classroom training facilities.
 -0- 11~20~92
 ~CONTACT: Nathan Morton, president and CEO, or Mervyn Benjet, executive vice president and CFO, of CompUSA, 214-406-4700~
 (CUSA)


CO: CompUSA Inc. ST: Texas IN: REA SU:

EA-BN -- AT001 -- 3251 11~20~92 09:21 EST
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Publication:PR Newswire
Date:Nov 20, 1992
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