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Technology Stocks : Compaq

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To: Jimbo Cobb who wrote (50155)2/26/1999 6:59:00 PM
From: rupert1  Read Replies (1) of 97611
 
Jimbo: My average is $35 1/4 because the one's I bought yesterday are being donated to the Smithsonian. In fact my average is significantly lower than $35 1/4 if you count all the profits I made when I sold at $50 and $48.

Given my druthers, I would prefer this stock to go back up as quickly as possible - I have had plenty of buying opportunities on it. If it is to go down significantly further, then surely this will be because (a) the company will issue a "warning" - in which case I would not want to buy or (b) there is a general market meltdown - in which case it might be better to buy other stocks at the bottom.

I don't think the company will issue a warning. I don't think the general market will meltdown - although some people think it has furthe to go.

I hope you are all watching Wall Street Week and will report anything interesting.
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