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Technology Stocks : Compaq
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To: Baggins who wrote (3857)7/8/1997 3:50:00 PM
From: Eddie Kim   of 97611
 
I too sold today, but at 118 13/16. I only sold half my shares though.
The recent run has been very tempting; however, if CPQ has earnings in the high 1.40's or even in low 1.50's this stock will hit $130/share by the end of the month or whatever it is split adjusted. Too much is going for Compaq. The momentum is huge for this stock. Human nature is to cash in, but remember people are still buying in $119 range!! Patience and prudence is needed in these type of situations if you want to maximize profits, but then again how would I know? I can't remember the last time I've been involved in something like this. I hope MOT reports good earnings for CPQ's sake.

The only problem is that my family and I are going on vacation on Thursday. I won't know what happened.

-Edward
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