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

To: Captain Jack who wrote (81933)	5/3/2000 7:53:00 PM
From: rupert1	Read Replies (2) \| Respond to of 97611

Capt: There is nothing wrong with COMPAQ that another two or three quarters won't fix. I might take a big position in it myself in a month or three and raise the morale of this board. There are a few here with a lot invested in it who have hung on grimly from $51 to $18 through several false dawns. Some have taken their losses gracefully. Others have tried to reduce or eliminate them through trading techniques. But some have not - and they are frustrated. I can understand that. They do not direct their anger at the company because they would be attacking their own investment. So they divert their anger to any poster who does not accept the Bulls case uncritically. The hard fact is that the Bears case on COMPAQ has clearly won the day from February 1999 until today. The shorts and the traders are the only winners and the longs who have held are the only losers. However, "losing" is a relative term, and given time I think all can be made whole again. I think COMPAQ will in the short-term see an upward extension of its trading range from about $27-35: I am more optimistic than you about the 4Q and 1Q price target (although I have to concede that your analysis has been by far the most accurate on this board so far). I still think it can exceed $50 before the end of January 2001 and even sooner if some of the promised reforms are delivered with panache.