Compaq Message Board - Msg: 3492428

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Technology Stocks : Compaq

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To: Jorge who wrote (17829)	2/21/1998 1:38:00 AM
From: Kenneth R Miller	Read Replies (1) of 97611

Hi Jorge, I bought DELL the other day to try out my new Datek account. I bought in at 109 5/8.. then I got nervous and sold too soon at 112... now it's at 125 15/16.. Those fast momentum stocks are scary.. I just remembered all the times I bought too high and got caught after the stock tanked... WDC, COMS, and PAIR, and IFMX.. they all taught me an expensive lesson... There are many more, but I'd like to forget them forever. I'm a real dummy.. but I'm learning the hard way.. CPQ is a good long term hold, but I sold the majority of shares at 36 from 30 and held what I could afford to hold for the long term if necessary. That same money in DELL starting from last Oct. would have made me "rich".. Have a great week end, Ken

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