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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (32965)9/15/1998 4:29:00 PM
From: Jimbo Cobb  Read Replies (1) of 97611
 
Totally agree with you, El...but it is still a nicely profitable company with a pile of cash and no debt...

BOST crashed and many folks thought it was a great buy, but it just kept heading South...the big difference was that BOST had overexpanded so quickly and built up a huge DEBT (not to mention the franchisees were actually losing money...not a good formula)...RAIN, IMO, is going to continue making money just not as much as all the RAIN-lovers who had bid the stock up to nose-bleed levels, had predicted.

I think RAIN around $6 is a real bargain...of course, I don't own any yet...hope to soon.

Jimbo.
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