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Technology Stocks : Compaq
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To: Captain Jack who wrote (74375)12/22/1999 1:01:00 AM
From: Night Writer  Read Replies (3) of 97611
 
Captain,
Several weeks ago I bought Jan 35 calls as a serious move. I also bought the 37 1/2 calls because they were cheap. I think 30 is very doable. I think 37 1/2 by mid January is very possible. The only thing that has to happen is for the street to smell a turn-a-round combined with the internet, and growing service business. At that point, the sellers at 28 will dry up real fast on high volume and changed minds. I use to say buying CPQ any where under 30 was a winner and I would back up the truck if it ever went under 20. I still think that is the case. Of course, I backed up the truck under 20. It is so full I can't buy anymore.<G> You ought to buy more tomorrow rather then selling. CPQ is going to make the COMS run look small befor Jan 2001.
NW
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