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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (62590)6/8/1999 11:23:00 AM
From: Harold S.  Read Replies (1) of 97611
 
Ok Elwood,
You are correct. I bought 500 at 23 5/16 and intended to stay until it dipped below 22 1/2 but I got itchy and bought 500 more at 23 1/16. This gave me a total of 1,000 shares at an average of 23 3/16...just like I stated in my last post. Since I jumped another 500 at 23 1/16 I have lowered my double down point to below 19...just as I stated in my last post. I didn't feel the need to detail every trade to Howie, I think he just wanted the general idea of what I felt and what I was doing. I gave that to him...but since you feel the need to dig up old posts, that is fine, I have now detailed my actions just for you. Incidentally, I do still feel the situation is similar to Asnd's in that the stock is a leader and very beaten down here. I stand by both posts I have made and by the conviction that CPQ will be 50+ easily by next year this time. By the way, I did not mean to attack you personally, it was mere frustration over all the whiners lately. I will take that chill pill now. Sorry if I offended you.
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