Compaq Message Board - Msg: 552865

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Technology Stocks : Compaq

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To: Leo Francis who wrote (1242)	12/14/1996 10:41:00 PM
From: michael c. peterson	of 97611

LF, Liquidity don't mean that you will be able to make a profit on any stock. If something happen overnight you won't be able to get out, unless you subscribe to instacrap,even a stop loss wouldn't help the little guy. Merrill Leach has liquidity not us. I am getting sick of hearing that the 30's were different. We still have the basic elements of risk we had then. Fear ,greed and compalcency. Margin rates were 50% on Black Monday but it didn't help the poor suckers who got called. CPQ is in the Tech sector, CPQ sells commodity products how can it be the BEST risk/reward value in the market, or even the tech sector ? MP

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