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


To: MikeyT who wrote (80251)3/25/2000 2:56:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
Mikey-- 1st I did not play IBM until last year. Picked it up at 85,, A few fast trades prior to that.
As I said before -- months ago-- I would not buy CPQ at any price. The only thing that could (slight chance) change my mind would be a change in mgmt. That is hire a real CEO with a rep compareable to the new CFO. No-- even that would be enough! It will take more than one life time for them to gain any credability in my mind. You say two years--- nothing has happened in the first year any good--- by that time the 52 week high now in the 30s will be in the 20s and possibly some newbies will bring a few bux,, possibly not as the institutional ownership continues to drop. There are a ton of shares in this company to be owned by mom & pops... Still hoping for just 1 pop into the high 30s this year and still believe it is very unlikely,, though not impossible.