To all:
During the course of the day, while keeping tabs on CPQ, DELL, GTW, I shared Michael's thoughts, that this stock is a dog (at least for the time being). I am currently long by about 10,000 shares on margin. I can still remember about 10 months ago I was told by the analysts that CPQ was a "screaming buy" at 79 (pre split). During the course of the end of last year, the handwriting was on the wall, yet we all refused to acknowledge it, claiming that these "anal-ists" had their own agenda and kept ragging Maria et al. As it turned out, these "anal-ists" were essentially correct to our detrement. Even GTW, who suffered during the third (?)quarter was able to get their act together for the following quarter (which resulted in some handsome profits). My current core holdings are in DELL and CPQ. My question today is that while CPQ is receiving all of these upgrades, then why isn't it reflected in their valuation. This stock is still the highest shorted stock.
Don't get me wrong, I am still currently long on CPQ ( I don't really have a choice now ), but to rag on Michael for his pessimism and his possible deceptive claim of knowledge of greater losses, can be no worse then some others who, with their blind optimism is claiming that CPQ will reach 100 by the end of this year ( I hope).
It's just that over the past 6 months, I have read alot worse, and perhaps the irrate responses are just a reflection of our fustration with the overall performance of CPQ.
JMHO
Best of luck to all...
David. |
