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Technology Stocks : Compaq

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To: Adam Nash who wrote (24113)4/8/1998 8:20:00 PM
From: Diamond Jim  Read Replies (2) of 97611
 
>I have a lot of knowledge about the fundamentals of Compaq's business, their cash
> flows, efficiencies, margins, and earnings. Daily price movement seems strange to
> focus on when the goal is a stong, compounded annual return.

Are you aware that a monkey has done as well as many analysts ? You can make it science if you like.

>As an investment, doesn't it seem weird that all you are focused on differences of 5
> points? Why five? Because that's how many digits you have on a hand? Why not 10%?
> 5%? Why not allocate a certain amount of your portfolio to invest, find the best
> investment for that money (numerically, to the best of your analysis), and invest. Why
> this hindge on a couple of points?

Why jump to conclusions ? Does it make you feel good ? 5 points was example, I am averaging down, you think it matters how its done ? Where did I say "all" and how do you know I have 5 digits ?

>Fly by night as long as you want. I hope your wings don't get clipped

Huh ? Jumping to more conclusions ? By the way you misspelled strong and hinge.

jim
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