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Technology Stocks : Compaq

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To: Eddie Kim who wrote (33295)9/23/1998 9:42:00 AM
From: Tumbleweed  Read Replies (1) of 97611
 
Eddie, you said ...
if I had a choice of buying an overvalued stock or an undervalued stock...just given these two choices..I would always buy the undervalued. Who wouldn't?

I wouldn't. I'd buy the stock that I thought would go up the most in the future.
I bought an undervalued stock 3 months ago. Now, its 50% more undervalued, but I am not 50% happier about that.

I am much happier about my 'overvalued' Dell, which is now even more 'overvalued' and looks like it will continue that trend today. Hopefully my 'undervalued' CPQ will become 'valued' but I'm less certain about that. Time will tell :-)

Good trading

JoeC
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