Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Elwood P. Dowd who wrote (64748)	7/7/1999 7:46:00 PM
From: J.Maz	Read Replies (1) \| Respond to of 97611

El, Thanks for the post back, it's good to hear from you as well. I'm doing my best to keep CPQ off my mind, because it remains the single biggest investment mistake I've made. As bad as CPQ has done though, it's interesting that our regular UPS guy mentioned today that he went out and bought 350 shares of it at 22.75 recently. He said that he flat out believes in the company, and even though it was a lot of money to him he felt he couldn't go wrong at that price. I had to agree with him, and I of course let him know that he might feel different if he was averaged at 38.5!! My strategy is to start selling some of the pig off at a loss to balance against some gains that I plan to take later this month. Ideally, I want to get to a zero-sum game so I can start all over again. I'll continue to hold some shares, but even with some good news I can't see this thing headed up anywhere near my average cost anytime within the next few months. Live and learn. I coulda gotten out at 51 with a handsome profit, but greed and the idea of 60PAQ overtook me. Have a good time on the links. Regards, JMaz