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Technology Stocks : Compaq

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To: PCSS who wrote (50873)3/1/1999 9:35:00 PM
From: marquis103  Read Replies (2) of 97611
 
Michael. First of all, let me say that I sold off my CPQ shares today. This should only be temporary. I immediately suffered withdrawal symptoms and will buy back in when the dust settles. One of the main reasons I sold was that no-one from Compaq stepped up to quell the panic about revenue shortfalls. They had since Friday morning to prepare some kind of statement that might have put our fears to rest. That did not come. Since I was only 1 point above my break even, and couldn't stand the thought of going into the red after holding my CPQ so long, I sold. I'm sure I will buy back in when I have a better feeling for what's going on. But so far I see no assurances from Compaq.

Russ
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