Compaq Message Board - Msg: 3613772

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Technology Stocks : Compaq

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To: robbie who wrote (19682)	3/5/1998 3:58:00 PM
From: Satyr	Read Replies (1) of 97611

A lot less rich than you were a few days ago. Look just because I saw it going down doesn't mean I'm a bear on CPQ long term. I bought it at 32 and 31 1/4 and got out at 29 1/2 and took my loss when it closed below the 200 day ma. Now when it does bottom I'll be ready to buy more. You want to wait and hold all the more power to you but don't get your pom poms in a flurry if someone else points out what's obvious. CPQ's technical position is very weak and it's fundamental position is now questionable. I'd rather keep my money out waiting to reinvest than watch 25% of it melt away.

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