Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 157.11

-5.4%

Nov 13 3:59 PM EST

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To: Dwight E. Karlsen who wrote (1497)	11/11/1997 3:07:00 PM
From: LK2	Read Replies (1) of 9256

*OFF TOPIC*Shorting DELL and CPQ. Dwight, I took your advice and shorted DELL (at 75 13/16) and CPQ (at 61 1/4) this morning. If things don't work out, I'm going to hire Lawrence Kam and we'll both be coming after you (just kidding). If you have the time, some time in the future, post a note when you think these positions should be increased/covered/whatever. Average selling prices for PCs are coming down, and that might be the theme/excuse Wall Street uses to clobber these stocks. Or they might stay in the stratosphere as far as PE is concerned. With Wall Street, you never know what will happen, or when it will happen. Regards, -LK (the lesser) With grateful acknowlegment to LK the Greater, aka Lawrence Kam.

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