Compaq Message Board - Msg: 3841253

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Technology Stocks : Compaq

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To: James F. Hopkins who wrote (23396)	3/25/1998 10:22:00 PM
From: Night Writer	Read Replies (1) of 97611

James, Smart move. I think a lot before making the buy. I count on being lucky after I make the buy. I get out fast if luck doesn't prove my thinking right on short term investments. I have arrived at this by noting that events are too dynamic. After I buy an option, something new happens that affects it. I have less then a fifty percent chance that it is the same event I thought would happen. Incidently, Philadelphia Exchange is under pressure by the SEC to institute controls to stop front selling. President of the exchange resigned. Exchange handles mostly options. It was in the paper yesterday I believe. If you hadn't heard thought you might enjoy the information. NW

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