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Technology Stocks : Compaq

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To: Captain Jack who wrote (82771)6/18/2000 10:31:00 AM
From: rudedog  Read Replies (1) of 97611
 
Jack - for anyone who wants a little object lesson in holding a loser, read through the whole of the ICO thread - it's only about 250 posts going back to early 1997. People talking about the stock being under-priced at 30, huge buying opportunity at 25, bad news already priced in at 20... all of the analysis of the market and business model which failed to take into account the transition from low-tech assembler to service provider - bears saying "I won't buy this until it goes to 10" (surprise, even those guys lost their money)... good reading for a Sunday morning.

BTW happy father's day to all the fathers out there, my 4-year-old daughter attempted to make breakfast for me, it was delicious <GGG> even if unrecognizable as any identifiable food group.
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