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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (46484)2/1/1999 1:44:00 PM
From: John Koligman  Read Replies (2) of 97611
 
Elwood,

I've been lightening up on CPQ and will continue to do so. I've gotten a bit 'tired' waiting. Also, I have to be honest and state that I have made MORE bucks in two Dell trades I have laid on (one for 10k shares in December, and one for the same amount of shares in January that is still on, although will probably be sold soon) than I have in holding CPQ all these months. I will most likely trade CPQ, although right now the market to me looks risky in the tech area. This advance is getting more and more narrow, and the hysteria in the few stocks still going strong is just crazy. Dell is up 9+ as I write this. I may start fishing around in some of the beaten up high quality oil service stocks, like HAL and SLB. Will certainly plan on hanging out here though, this is one of the best threads on SI! I hope CPQ makes a strong move in the near future, and all the best!!!

Regards,
John
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