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Technology Stocks : Compaq

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To: hpeace who wrote (596)11/14/1996 5:49:00 PM
From: Leo Francis   of 97611
 
Steve, Tom's reply regarding your logic on putting CPQ at all is one I can't improve on. It seems I have derived a better analysis from the 10K's, 10Q's and supplements then you, since my results indicated strong BULL early on.And the odds are against putting against a bull trend.Simple fact.And you have been advocating a put, even though, at certain higher levels, which is contrary to minimizing investment risk.Enough said, except please tell your putting followers that you cannot wish a reversal.Yes you may get lucky, but usually it costs you a lot of money.Please everybody, invest in trends, not against them.Wait for reversals,(and confirm them)don't try to time or predict them.EPS for Q4 will EXCEED $1.45, I am estimating $1.87-$2.00.What's your number?We'll see who is closer.Max Spread beteewn range is 6.9%, as above, The stakes are bragging rights on this thread.On? LF
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