Compaq Message Board - Msg: 2942121

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Technology Stocks : Compaq

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To: Jimbo Cobb who wrote (10924)	12/11/1997 5:31:00 PM
From: Bazmataz	Read Replies (2) of 97611

$42 would be almost a FIFTY PERCENT DROP from its highs. Is this really how low it can go? For a potential $50b company, it's so tempting to want to buy more - to pare losses and potentially to grab a bargain. BUT... I guess that's why "they" say that buying at times like these are incredibly difficult. My cash looks so good and stable right now. I'll take my 6% over this daily torture any day! BTW, Bob Pisani is on CNBC is talking about the continued negativity amongst traders. Stating the negative FedEX report could just be the cause of more trouble tomorrow. Also, I've noticed fewer people talking about BUYING more CPQ at these levels. Is anyone on this thread buying here? As a final note, what worries me more is the dramatically increasing use of words like "faith" and "hope" on this thread. That's all. BC

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