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Technology Stocks : Compaq
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To: Christopher who wrote (65274)7/17/1999 4:35:00 PM
From: Captain Jack  Read Replies (1) of 97611
 
Chris,,, I agree although do not follow TA to the extent you do. I also bought DELL and MUEI. I only still hold CPQ for two reasons; it will rise into the 40s though next year or in 5 years is the question and still have about 30% in cash. I will take the loss on CPQ if the cash is needed or wanted to purchase anything else. Without additional bad news the short term looks to be OK... not as OK as other issues but cash is not a problem. DELL, GTW, and IMO MUEI are show much better prospects at this time. If CPQ would close below 27 (and it is close) it may fall hard and have another difficult time getting through that again and take weeks or longer to do so.
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