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Technology Stocks : Compaq

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To: Eddie Kim who wrote (32068)9/1/1998 11:38:00 AM
From: Dr. Id  Read Replies (1) of 97611
 
I say we get a nice "Sucker" rally the next several day and then we head lower.

I agree. I sold 4000 of my 5000 CPQ yesterday, along with all of my RMBS and half of my AAPL. I prefer to sit on the sidelines and wait through this thing. This morning I watched the Dow go from up 140 to down 120 to up again. THis is not a market I feel comfortable investing in, while people are so completely emotionally driven. I still believe CPQ will be fine long term, though I have a good sense that I'll be able to get in quite a bit lower (after the next disaster day...)

JB
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