Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: The Perfect Hedge who wrote (12176)	2/19/1998 11:34:00 PM
From: edward miller	Read Replies (1) of 95453

GD, I happen to like the looks of the CPQ buy of DEC. I think that by this summer this deal is going to look good and CPQ price will reflect it. I have some Jul 35 calls, and I think they will do me well. Of course, this is all just my opinion, but I think you should investigate this one. I personally think CPQ is just sitting now partially because Friday is options expiration and the number of Feb 35's was huge (many positions have been closed by now, of course). Also I suspect that the funds that left CPQ last fall are trying to get back in, but they don't want to chase the stock. Even though this is just my opinion (and I make mistakes) I think it is worth looking at over the weekend. Don't wait 1-2 weeks on this one. Do your own research, please. Ed Miller

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