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Technology Stocks : Compaq

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To: Steve Lee who wrote (69420)10/22/1999 2:40:00 AM
From: rudedog  Read Replies (1) of 97611
 
steve -
well you got responses from our resident pessimists - who really do have reason to complain about CPQ.

In my case, since my basis is around 8 and I have no particular need to get out of the stock, it's just a bunch of numbers on paper.

I think your analysis of CPQ's business and current condition is wrong, but that's just opinion. My purchase of 1000 Nov 22.5 calls says I think the earnings will be positive.

By the way, did you ever hear the saying, buy low sell high? The first step in that process is buying low. Usually when most folks are selling, and the company is in the tank...

Good luck on your short - NOT!!! See you next week to see who gets the last laugh.
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