TECHNOLOGY - March 28, 1996

CompUSA Says Quarterly Sales Top $1 Billion: Executives of the computer retailer also said they see no evidence of a much-trumpeted slowdown in personal computer sales. Dallas-based CompUSA Inc. said net sales for the fiscal third quarter ended Saturday jumped 29%, to $1.0 billion from $776 million in the same period last year. It was the first time sales have topped $1 billion and the sixth straight quarter of double-digit growth. Buoyed by the good news, CompUSA’s directors approved a 2-for-1 split of common stock. That further encouraged investors, pushing the company’s share price up $3.125 to close at $53 on the New York Stock Exchange. Analysts said CompUSA has been doing a good job of expanding its market share and serving its corporate clients.