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Politics : Idea Of The Day
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To: Judy who wrote (25157)4/10/1999 11:09:00 PM
From: Jeff Jordan  Read Replies (1) of 50167
 
Judy,my opinion on CPQ. I've been watching for well over a year...it's done nothing! I had thought way back then,even suggested publicly that they needed to change their distribution system....The only reason I was following it was it killed SMOD...well they did make some changes a few months later more along what Dell does and cleared their channel. The stock recovered abit. I just think they have too many shares! I've also heard they are spinning off AltaVista

I have thought about buying several times recently as a value investor....even thought it would look very appealing below $20 as it will be on Monday....Many people will jump on it for that reason....I decided I'm not interested. Too many fish in the sea! My main reason still is....too many shares. Wow...I don't think I've ever really used that as a reason not to buy a stock before???? I'm sticking with that one.<g>

I do think it will do some serious damage to the market Monday. So I'd rather buy the stocks it takes down....fortunately I cashed out Friday, so I'm feeling very comfortable...I hate BB stocks but bought some CLWK before close....I had a whole slue of orders just didn't get any fills. I still like PER and will buy my shares back. I have always liked INTC, I just think I can buy it cheaper later in the year. Along with many over-priced blues....I pray everyday for discounts in LU.

Jeff
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