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Technology Stocks : Compaq
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To: Windseye who wrote (20858)3/9/1998 12:09:00 AM
From: Chris  Read Replies (1) of 97611
 
No challenges to your post. Your ideas are about as good a guess as any of the rest of us could venture. I think sometimes we waste our time trying to analyze a business situation that only the management could possibly understand (and maybe not even they do). Most of the posts I've read seem too simplistic in their financial assessments of what has to be a very complex enterprise. That's why we're here as individual investors, and not as CEOs or CFOs of a Billion $ corporation.

If you are an investor, then I would guess you bought for the long haul. Would you have sold when IBM dropped more than 50%? If so then you would have lost out on some terrific future gains. I clearly believe that my investment in CPQ will leave me very pleased a few years from now. I have had some bad luck with a semi company that I purchased at too high a price last year, but I'm still long in the company. As a moderately conservative investor, techs only make up a small percentage of my portfolio so I can afford to wait it out.
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