I agree with your views and also believe the 2nd half of 1998 will
be the time when Compaq gets their problems worked out. Yes the stock
will be dead money for a quarter, but we have to remember that the
price will reflect the future. The future is a good one. If the
DEC aquisition helps CPQ with the corporate environment then this
current problem with business inventory will be worked out.
News regarding adsl, Compaq's role, and it's rollout will be coming
throughout the year. This is what I believe will kickstart the whole
tech sector. Faster downloads will allow more people to do more things on the internet. I think this will increase the demand for
computers and all related equipment. None of this is factored into
any companies' stock, but this technology is coming.
So, yes, short term I won't kid myself either. The stock will not
be going anywhere. I suspect some stagnation for a quarter. But
the rest of this year presents a future I don't want to miss. So,
if anyone wants to sell me their shares at 23, I'll take 'em off
your hands. <G>
Regards,
Dave |
