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Technology Stocks : Compaq
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To: john rentchler who wrote (11600)12/17/1997 7:01:00 PM
From: kenya  Read Replies (1) of 97611
 
World economy not hitting on all cylinders now and for near term. Can't expect rocket ship mentality to continue on CPQ and others. This has been an outstanding ride. If you're in above 50's, sit tight; it may be some time before it moves back to highs. If it moves lower, average in slowly. Still some probability the market will test lows as Asian effects become clearer. Also, 1998 interest rate hike not out of the picture. If you're frustrated because your money's tied up and can't trade; recommend taking a break. Things are going to slow down for awhile.
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