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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (63693)6/18/1999 6:14:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
EL--- Looks to me like we have bottomed at 20. Could be wrong but no longer care. Will just look for exit points the next 4 years to take a smaller loss. My avg may never be seen in that time frame. You said it,,, they have no good news but I believe Rosen was giving a lower figure than expected,, but close,, maybe 13. New CEO will make a diff of a point after the initial pop and the sellers run,,, not high enough for me unless it happens in Nov/Dec. 3rd qtr we were told will be a disaster and I expect the 4th to be a loser too. It looks like a huge buy here but so far I am sticking to my "never another share" of this company. The block of 331K at the end of the day--- I wonder which institution bailed at this price! They are trying to lock in Bonunes at the funds and most mgrs would not want their shareholders knowing they held the pig.
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