Compaq Message Board - Msg: 513617

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Technology Stocks : Compaq

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To: jmac who wrote (956)	12/4/1996 7:57:00 PM
From: michael c. peterson	of 97611

Jmac, Thanks for the complement . Now are you telling me that buying these stocks at these prices is inteligent and not emotional follow the herd mentality. You would think that IBM came out with blowout earnings in the last year the way the funddumbs have been falling over each other to by it . Instead they have been laying off people and struggling to make est. with qustionable reports,in my opinion. Lets look at your idea of inteligent dicisions.IBM up 70% in 3 mos. should I buy it now ? CPQ up 50% since july what % return do you think I will get on it if I mortgage the ranch to buy this commodity co ? Dell up over 80% since monday -g-,should I call my broker ? When not IF PC cycle comes to a halt INTC will will fall just like all the rest of them.Those inteligent analyst you follow had est. for Micron Technology at $17 a share for 96, they will be lucky to make $0.02 cents this Q . If you are looking for corps to bail these turkeys out in every downturn in PC cycle you have been smoking something illigal with your budweiser.-g- MP

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