I did not buy and hold blindly either.
I have said in my post as long as CPQ's business is growing (of course not grow with the
population's growth, like AT&T), I will hold !!!!
As I have said, we are now getting into the information era, which means communication, access data, process data, the modern PCs will do it all, so PC will go to every family
in the next couple of years, that is why CPQ predicts its revenue will grow to 50 Billion
by 2000. Besides PCs, CPQ is a company with many products, I think you already know it.
As to those legs, moving average, shoulders, heads, nose, fingers, I do not care at all. We all
know that CPQ will be $50 post the comming split within one year. The current what people called Asian crisis is just a small ripple, and people will all forget it by March of 1998. Business as Usual, and at the end of 1998 we will see DJ appreciate another 25%, i.e 10000!! |
