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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (58211)4/16/1999 4:23:00 PM
From: P P Bravo  Read Replies (2) of 97611
 
El: CPQ doesn't have to be dead money for the next few quarters. Write calls against your position. As of late this pm the July 25 calls were going for about 2 1/8. That is not a bad three-month return based on the stock's current price. As for all of those people who keep on repeating that CPQ is dead money, I wish they had said so a few weeks ago! At the very least they should suggest where we should be putting our money; where would our money be assured of growing with the markets at current levels. I guess I'm experiencing your same frustrations.
PPB
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