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Technology Stocks : Compaq

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To: csm who wrote (39040)12/7/1998 3:33:00 PM
From: Elwood P. Dowd  Read Replies (2) of 97611
 
C. Stuart...... Well, we're nearly @ 42 now, so I suppose that 50 is doable, barring unexpected bad news or a market break-down, by March. Perhaps CPQ will reach 60 in the traditional June/July tech rally. I was gonna sell 9k shares @ 42, but there is too much momentum here to get out now. In addition, we've yet to hear any news on CPQ's intentions for AV and earnings next month should buoy the stock further. To be underwater for over a year and then sell on the first solid run-up doesn't make sense to me. If I can sleep with it @ 23, I can really saw logs with it @ 40+. This stock is a great long term investment. If I didn't think it was, I woulda sold on one of the 2-3 spikes to 36 over the last year. I mean, geeeeeeeeez, DEC is just starting to kick in. El
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