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Technology Stocks : Compaq

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To: Mao II who wrote (62821)6/10/1999 11:28:00 AM
From: DRRISK   of 97611
 
MII,

I am a new shareholder and have watched the stock for over a year. First purchase was at 26 and have been buying under this price for the past month. I am not unsympathetic to the shareholders who have lost money. I have bought too early on issues but am more patient now because of those battle scars. I am very happy with this price and extremely confident that 20-25 is the bottom for this.

The key to a too early entry for me in the past has always been to average down. Problem is the average down has always made me get out too soon on the way back up with a smaller profit because of my general frustration so now I try to be patient for a better entry point in a company like CPQ that is in transition.

DrRisk FWIW good luck
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