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Technology Stocks : Compaq

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To: rupert1 who wrote (40712)12/22/1998 6:55:00 AM
From: Aitch   of 97611
 
Hi Victor,

I only had one perfect trade, in and out of CFON over a period of twenty minutes or so for a quick 26.5% gain. Wish I could do that every day.

I have traded CPQ about four times over the last 18 months and done reasonably well. (About 119% up for the period. Looks good from a percentage point of view, from a dollar point of view, not big <g>).

I have decided, based on fundamentals, CPQ's vision/goal and the state of the IT industry, to sit on my small shareholding. No more trades. Long term hold. Hopefully this will form the basis of a large investment portfolio for my and my families future.

My current strategy is to look at stocks that are driving/supporting the Internet without looking at the actual Internet companies. So, stocks like CSCO, LU, BRCM, ATHM... All from a medium to long term hold point of view.

I don't sleep well at night when I trade too much <g>

H
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