Mike Gordon,
I'm not really good at short term calls on stocks. I have been buying cpq for
several years. Have some shares that are profitable, and some that are not.
Overall, they are in the hole right now. (One purchase at 64 prior to split, did it to
me. It is my most expensive purchase.) If price drops to 20, I will buy some
more. If it drops to some where in the teens, I will buy again. Then I will have
one more buy left to have a train full, or what I want to own. If the price starts
climbing, I don't buy unless there is some sound reason to believe it is going to
the moon.
Highly recommend the book. It is fast reading, not a technical tomb.
Just finished reading Fortune's article on analysts again. Considering the
current state of INTC and CPQ, and the reasons for it, the article is much more
interesting. Increases my respect for the calls some of these gentlemen made
on the tech market. Wish I was a buy side client. If you haven't read already it's
good.
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