Lifted at The Zoo:
Yes its time to give up.
by: eurotoga
12/13/00 8:29 pm
Msg: 203732 of 203749
I have been reading these posts for over a year and a half but have never
responded because I was interested in the fundamentals of Cpq and not
the cheerleading or bashing. But 18 months later I wonder if there is any
reason to hold on. We have all tried to rationalize what was going on
with this company and were always waiting with fingers crossed--maybe
it was EP fault, maybe when they convert to direct sales, maybe when
Asian sales pick up, oh maybe it's the Euro's Fault, when everyone
realizes that we are not just a box maker, if Stings album hits #1, when
the new advertising campaign is launched (which is crap by the
way)when I-paq puts Palm out of business, when we get more into
storage, when Alta Vista comes public,when we win back Wall Streets
trust, when our CMGI investment is fully realized, when our super
computer decodes the genetic code and beats Bobby Fisher.
The daily money report flows from Throttle, the percentage of
institutional ownership, the last 10 trades, the runs up to 34 and then
back to 23 or now 18--those thoughts "why didn't I unload it at 32" as it
sunk back to the mid 20s--because at 34 it was going to go to 60, right?
Coach, Kristy Kreme, Rubycherokee, dullhead (Throttle?) and all the
others --honest true believers, great logic but dead wrong just like me.
Remember Throttles mantra "2000 year of the Compaq longs" We were
waiting--believing, seeing the light at the end of the tunnel-but, no
way--sorry to say no brighter now than in April 1999- nothing is coming
down the pike that will change things.
I wanted to believe Cappallas-bought the Business Week Mag and
all--ate up his hard work ethic-everthing to the internet rhetoric but it was
empty--two weeks ago he "had a great Thanksgiving" now he
warns--without even a hint of regret or explanation. But he's got his
salary and his bonus--he can listen to Fleetwood Mac as he golfs with
his wife--so his options may not be worth anything--so what?, its not his
earned money-- but it is mine. Hope someday this company can find its
niche--but its time to admit--I was wrong and move on--gave it more than
enough time and lost quite a bit of money- and yet we can always fool
ourselves and explain how if you just hold on a little longer........... Best
to all of you who hold on. |
