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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Elwood P. Dowd who wrote (64204)6/26/1999 9:47:00 PM
From: Captain Jack  Respond to of 97611
 
El--- I am not negative on the stock--- the company has not had anyone watching what was going on for a long time! It has huge problems that only a huge company can get. It took a long time to get this sick and it is going to take a long time to get well again. I'll keep it as I expect a few things to make it a little better this year,, then bail 25%. Next year unless more ugly things are found or the mkt has problems (Uncle Al can have an impact too) it should come back a litle more and I dump another 25%. With a load of luck the 3rd year should see it close to my avg cost and that is when with luck the last will go,,, no matter what 25% a year and it will be gone,, if it gets CLOSE to my avg it will go. I see no reason to hold as this is not the 1st time it has bit me but it will be the last! I have no reason to believe the same will not happen in the future--- as mentioned by someone above,,, look out for every March 1..... If there is anything I said that is untrue I will retract and apologize.... All JMO