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Technology Stocks : Compaq

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To: Jack T. Pearson who wrote (7889)10/28/1997 3:22:00 AM
From: Kai-Uwe  Read Replies (1) of 97611
 
Jack:

No offense - but why are you so down on things?

While undoubtedly the market has taken a heavy beating, and all may well not be over - yet, what makes you think that this is the end of the world???

People in Asia have been hammered by the stock market and currency drops for a good month now. Suddenly folks wakre up all over the place and people begin talking about panic/recession...

All because of currency woes and evil hedgers - come on, it takes more than that.

While 'what goes up must come down' rings true, the opposite holds just as well. This is a great opportunity to buy cheap. If everyone was selling then there would be no trading (using common logic), and the ones that picked up their shares in the last couple of days will be grinning big time eventually.

I hope for you that you will be one of them eventually.

Kai
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