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Technology Stocks : Compaq

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To: J.Maz who wrote (43071)1/11/1999 5:51:00 PM
From: Kenya AA  Read Replies (3) of 97611
 
Hi J. Maz: No, I don't think it's too late to buy CPQ either for the short term or long term. I would try to buy on any weakness - problem is I doubt there will be any "significant" weakness. Maybe there will be a good chance late tomorrow shortly before the close or Wednesday morning based on a possible bout of profit taking surrounding INTC's earnings report. You'll just have to watch closely. I wouldn't think you were nuts if you just went and bought as long as you don't mind if you go in the hole a little at first. I currently have 11K shares which is about 1/4 of my old position. I was considering buying more but have decided to wait until the next basing period - but that could change in a heartbeat! I see more short term upside potential with some other stocks which are just now breaking out of bases. That is my current trading discipline and I find it works well for me. That said - caveats:

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