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Technology Stocks : Compaq

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To: rupert1 who wrote (37965)11/30/1998 11:38:00 PM
From: Night Writer  Read Replies (2) of 97611
 
vepoc, El, Richie, Loki, Jimbo, JB, rudedog, and thread,
Many warned that the market was over valued. I kept reading and hearing this advice with a few calling for 10,000 at the end of the year. I felt like the Long Ranger posting the information on this thread. <g>

Now, it appears the market and Compaq will drift lower for a while. How much will we will drift down before we bounce back up? This could be a mute point tomorrow.

I am looking to recoup some shares called due to the untimely surprise by Greenspan followed by a predictable reduction by the Fed this month. (Such are the risks and rewards of selling covered calls.)

I would like the thread's opinion on how low the share price might drop. This would help me determine a good point to recoup my shares. It might also help pass the time.
NW
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