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Technology Stocks : Compaq

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To: Mike Gordon who wrote (22494)3/18/1998 9:35:00 PM
From: Captain Jack  Read Replies (2) of 97611
 
Mike--- I bailed the CPQ bought prior to the 5 for 2 split last year at 35 1/4 and just jumped back in. The OLD CPQ shares are still safe and way in the money. Buying at this range as not much downside is seen and the upside potential is great IMO. Will bail at the first spike past 30 and get back in on the pullback to ride to the high 30s by year end. You can remind me 1-1-99 if this does not happen as others surely will <ggggg>. The lower it goes the more I will buy. It would be great to get an avg cost of 20 and sell for 40 and believe it is possible. The word is not "smarter" it is "LUCKIER"!

John
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