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: Christopher who wrote (65710)	7/25/1999 9:03:00 PM
From: Christopher	Read Replies (2) \| Respond to of 97611

General advice for investors. The DOW and NASDAQ are not the only ones that go through BULL and BEAR markets. All stocks do as well. There is something called a Business Cycles which usually last about 4 years to 5 years or sometime longer. Through that Cycle the stock will go through a BULL market and a BEAR market. BULL markets usually last two to three years and BEAR markets about two years. Stocks fall a lot faster then they go up. The trick is not to HOLD a stock during its BEAR market. People that got burned with CPQ is because they held it through its BEAR market. Bill O'Neill the founder of Investor Business Daily recommends to sell a stock that loses 7% or 8% because this would not be a correction. Let me give an example. You buy a stock at $100. It goes down to 93 and you sell since this does not qualify for a correction and in all likelihood it is more. Don't average down but average up. What does that means? If you want to buy 1000 shares of IBM then buy initially 500 shares. Why? If IBM goes down 7% then you sell and you would have cut down your losses by a half!? If IBM stock goes up 10% then buy another 500 shares. If IBM goes down now 7% and you sell your losses would be kept to a minimum. Good trading, Christopher

To: Christopher who wrote (65710)	7/25/1999 10:08:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 97611

Chris--- <<"one month from 20 to 28 and you are still negative. What will turn you positive?">> I am not NEGATIVE the street is negative. Everything asked for (LOL except making a profir) has been done. We see a new CEO named and the stock falls, an upgrade and the stock falls. I am holding as it should have been in the 30s if any other company. The street can not see anything good out of it until it PROVES itself, MC will have to earn every penny of increase --- I am not negative... a bit pissed at myself for holding this far down but not negative. Look at the analysts recs. Only one upgraded and the amount calling it a buy is chilling. The best any of those look for in a year is 34,,, I had hopes of more than that but they are proving themselves correct. I'll bail it for a tax loss over a year or more as the street will keep it in the sewer unless MC makes such an ass out of them they have no choice. And I hold nothing and never have held anything this far n the red... even sm and micro caps generally are treated better by the street but this is the only poop held this far down. Still surprised it went this far into the sewer but feel if held it will come back---just unlikely I'll care to wait for even. All those with rose colored glasses here have stopped looking for the high 30s to mid 40s in a year. Where is the talk of 39 by Xmas? I am just realistic and state what I believe. If I thought 28 was going to be the high of this year I would have bailed a portion,, but I do not trust the street or cpq enough to chase it down with other issues out there that actually go up and sustain some rise... Actually your post sounds more negative than I feel,,, but it is poop at this time LOL!!!! GoPooP!