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Technology Stocks : Compaq
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To: Captain Jack who wrote (82653)6/12/2000 7:49:00 PM
From: Andreas  Read Replies (1) of 97611
 
CJ;

Greetings! I have to admit I am tempted to buy more of this dog for trading purposes. On the other hand I am reluctant to have so many eggs in one basket. It's a tough decision. You can almost set your watch to this stock and I think that is a real big part of the problem. Who wants to buy this stock over 30 and who wants to miss out by not buying at 25? For a lot of people the 25 to 30 to 25 to 30 roller coaster can continue into perpetuity. This roller coaster will not be derailed until there is a major major big time major catalyst. And what is that you ask? Beating earnings by a minimum of 5 cents followed by an outstanding rah-rah session by mc bragging about turning the corner and eating everyone else's lunch including Carly's and michael dell's! Not a likely catalyst is it? Oh well I can dream.
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