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Technology Stocks : Compaq

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To: CGarcia who wrote (34203)10/8/1998 10:56:00 AM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
CG.... Right now, I'd have to say I'd be surprised to see it find it's way back to 38. If it should get back to 38, that would still be a pretty fat return on your money. You could buy 2000 shares here @ 24 with your 50k. If you can borrow the $$$ @ 10%, All you need is 1 1/4 points in 6 months to pay off all of your full term interest. Or everything over 25 1/4 is gravy if you actually go the full 6 mos. on the loan. But 6 months is a looooong way out and virtually ANYTHING can happen. El
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