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Technology Stocks : Compaq
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To: peacelover who wrote (20734)3/8/1998 4:48:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
peacelover...I'm underwater, too...and I don't like it either. I had a good idea that they would warn and opted to hang on anyway. I'm not a very nimble trader and generally lose. Even the most bearish and cynical on this thread will tell you that CPQ will eventually recover. You haven't lost anything(or gained)anything til you sell. There has to be a bottom soon. As BM from M says, average down if you can. Believe me, there is nothing worse than selling a stock at a loss, only to see it bounce back 3,4,5 months down the road....especially if you gave up a good company like CPQ to buy something else that tanks. Next thing you know, someone else has all your money and you're out of the market. CPQ will recover. Time and patience are your friends. Stephen
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