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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (1602)	9/14/1998 8:10:00 AM
From: Dave Shares	Read Replies (1) of 7247

CPQ I hope you don't mind if I play contrarian here. I have not traded CPQ in quite a while, and I agree that it is a great position trade. With earnings season approaching, I would not be surprised if the company warns, as others have posted about price cuts, shipments not being as high as expected, etc. I was also surprised that the stock did not participate in Friday's rally. I hope I am wrong for the sake of the longs, and believe me, I am wrong quite a bit. But if a warning comes out, I don't want to be holding when that happens. Stock may very well see 35 before that happens. I would take the profits and wait for warning season to end. David

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