Sonny-I'm glad to see the thread hasn't died.
When even you were absent, I thought maybe your computer had finially croaked<gg>BTW, I think I will buy a new one this fall and avoid all the Y2K upgrade hassle.
Still sitting on CPQ. I probably should have sold on the morning pop, but... I agree it is dead money for at least 6 months. Some major news (details on AV distribution, new CEO/CFO, etc), could bring small gains, but it needs 2 back-to-back quarters of above average performance to return to the 50's and beyond. I'm not margined right now, in fact sitting on some cash, so I'm not under your pressure.
On Mar. 30 I posted to you that we would see 9500 before 10500. I guess I missed that one, but looking at the broader market, I am down about 10% since then. Looking at more AOL and adding EMC, but like you, I will try to wait until this tech shakeout is done. I will miss the bottom, I'm sure, but reduce the downside risk.
Hugh McColl and BAC did not disappoint. Currently the only green number on my screen.
billwot |
