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Technology Stocks : Compaq

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To: Jason Hall who wrote (7930)10/28/1997 1:52:00 PM
From: John Koligman  Read Replies (1) of 97611
 
Jason,
You have to make the call, but I don't think you gain anything by waiting till the split. I think you have a pretty nice opportunity right now to buy the stock. I can't tell you if this market will go lower than where we are today, it very well could, but look at how CPQ bounced back today. One approach you could take is to buy half of your planned purchase if you feel things may go lower, the other half at a later date. I would only add that if the market stabilizes and starts to head up, I think CPQ will be one of the quickest to bounce, simply because of the company's financial performance, gains in market share, and forward looking management statements.

John
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