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Technology Stocks : Electronics Boutique (ELBO)

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To: ratherbelong who wrote (647)1/19/2000 2:25:00 PM
From: Night Writer  Read Replies (1) of 779
 
RBL,
I'm watching the action. I understand the overweighting problem. I have it with CPQ.

I'm sitting tight right now. No telling where this market is headed. I think the interest rate fear is over done at this point in some issues.

I did the math on trading a few CPQ shares for ELBO shares. Right now my target prices yield almost the same profits without considering time or taxes. If CPQ has a nice pop and ELBO stays in this range, I'll probably do the trade.

I hate to say it, but if ELBO hits the 12 to 13 range, I'll be buying on margin and selling CPQ later. I hate margin, but I also hate missing a bargain. This stock should be $25 in a bad market and $30+ in a good market.
NW
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