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Technology Stocks : Compaq

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To: michael who wrote (28473)7/5/1998 5:20:00 PM
From: starpopper  Read Replies (2) of 97611
 
Loser?! I bought in March and am up a nice 20% since then and looking to be up more than 50% by early fall!!! Not even considering selling my CPQ till we hit at least $45 early 1999!!!

As for your internet stock craze...you're correct that lots of people made out like bandits buying AMZN & YHOO and the like, but MANY more will also make HUGE $$$ on these stocks this fall as I plan to! Not by buying the stock but by shorting the hell out of them! Risky?...NOT, there is close to NO value in these "portal companies" and the best play for the highly risky fall and winter months is to SHORT these highly overvalued, mania crazed, me-too companies!!!

If you are looking for a double on your money in the next 6 months by buying the stock, then I would suggest you take a serious look at RMBS! At least they have some hard currency rolling in now and expect to AT LEAST quadruple that within the next year! Or how about a networker trading at less than 2X revenue...CS is a steal at these levels and could also double by the end of the year without any takeover!!!

There are lots of amateurs out there following the $$ like sheep, but we all know what happens to sheep...THEY GET SKINNED!!!

$weet Dream$

$tarpopper
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