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


To: rupert1 who wrote (79206)3/8/2000 5:35:00 PM
From: Andreas  Read Replies (1) | Respond to of 97611
 
How much longer?

Before I can get the heck out of this so-called stock? After 2 1/2 years in and out, I've had enough screwing around with this loser. Hopefully, it will hit 32.50 within 60 days. I know that is being terribly optimistic - but if we're so lucky as to see 32.50 then I'm out of here. There comes a time when all the hype is just that - hype. In the final analysis there are other places to make money. Maybe there will be a day when cpq is again a favored stock - but as of now the institutions are staying away. Still at 42% institutional ownership - down from 75% - 80% 2 1/2 years ago. No stock can sustain gains without the support of institutional buying. That in a nutshell is one of the major reasons this stock keeps drifting back down after a small upward move. The momentum buyers take their short-term gain and split. So lets hope for a pre-earnings spike (Please Captain - don't give me another story on why a pre-earnings spike is not likely since there is no basis for it etc. etc. - let me dream)



To: rupert1 who wrote (79206)3/8/2000 5:59:00 PM
From: Loki  Respond to of 97611
 
victor...RE "offer free s@x".

I believe that CPQ already tried that when
Pfeiffer an Mason "screwed" the shareholders.

It was rather unpleasant. I think it made most
shareholders feel cheap. (At least their stock)
Sort of the "hate yourself in the morning" thing.

Actually owning CPQ stock is similar to drinking during
college days.

Pre-earnings = Happy Hour starting to drink
No announcement = Hitting the sauce
Earnings = Having had too much and tunnel visioned
Immediately after earnings = hangover
Saying I'll sell the stock = saying I'll never drink again

(Then the cycle starts all over again, until the next time)

Loki