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Technology Stocks : Compaq
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To: AUSSIEMAN who wrote (6506)10/13/1997 7:08:00 PM
From: Jack T. Pearson   of 97611
 
Gday to you. Your mix of DELL and CPQ is similar to mine. CPQ earnings will be out Thursday and should be good, in which case, price should go up nicely. Dell has gone up about 15 points in the last month and is moving up slowly. Expect them to move up more if Compaq has good earnings. In my opinion, these are not good stocks to trade--they can bounce down 12% and recover in a week or so. If you sell when they drop, you end up buying back at price higher than you sold. They are very good stocks to hold for the long term.
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