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Technology Stocks : Compaq

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To: rupert1 who wrote (38596)12/4/1998 1:11:00 PM
From: Jimbo Cobb  Read Replies (2) of 97611
 
I seriously think CMPL is a wannbe. After seeing their numbers, they may not even get a BUY rec from their underwriters, but they probably will since those are nearly automatic and should pop the stock a point or two...I'd use that as an opportunity to cut losses and get out of the stock for someone like Elwood. If you buy at $13, you might get a quick chance to sell at $15 or if the BUY rec's really hype it good, maybe $16-$17. Someone like Elwood who bought over $20 will likely never get his money back on this one, IMO.

Jimbo.
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