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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (56410)4/9/1999 9:00:00 PM
From: Whys1  Read Replies (2) of 97611
 
Being new here, having a dry sense of humor, and still being dazed
by today's announcement, I might as well try to make some lemonade
out of all of this ... at least until the pain really kicks in.
If I can ignore the fact that I already own too many shares at an average of 34, even this sorry excuse for a stock will look like a great buy as it approaches its 52 week low in the 23 to 26 range.

Last March when this happened it took 2 weeks to drop from 31 to 23, and then six weeks to get back to 31. That's a 35% gain in six weeks if you caught the bottom. Even if you didn't buy at the bottom, waiting six weeks to get your money back isn't a complete disaster
(a lot better than losing it).At least this time there seems to be a little good news on the horizon with AV. We didn't have that last year.

Bottom line - not much to do now but grin and bear it. It will
come back. Sorry for the long post, but just screaming at my
screen wasn't helping.

Whys1
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