Ken, I agree. Here's a repost of my one on the yahoo board (alial baronn__)
Hold (at least for a few days) if you think this may be true:
Smart money knew about the warning well in advance, hence the
decline from the thirties (the drop on Thursday was a kneejerk
from Intel...most of the smart money was gone by then). Now it is
just us and the out of the loop Mutual Funds that are in. The
smart money, now on the sidelines, is looking to scoop up shares
on the cheap on Monday. A few weeks later, when good news
from CPQ and DEC comes out, we'll be wondering whether to buy in
or not, but by then the price will already be higher than it is
now. Cut to the chase and hold. If you've got the cash, buy more
on Monday. This stock has been beaten down...if you leave now
you'll be leaving at the worst possible time, and that is when
the stock is very close to it's bottom. CPQ is not going to go
out of business, it is not the end of the world, Compaq is going
to remain profitable, and the acquisition of DEC affords them a
tremendous opportunity to become virtually self sufficient in
time. There are people on the sidelines right now salivating like
dogs, wanting your shares, but they want them a little cheaper.
HOLD ON TO YOUR SHARES!
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