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


To: rupert1 who wrote (81934)5/3/2000 8:27:00 PM
From: Andreas  Read Replies (1) | Respond to of 97611
 
Well, well aren't we getting a little testy! For what's it worth I'm so ticked off with comporkerpigpos that I feel like calling someone on this thread a mean name. Hey Russ, how about you? No one's picking on you. maybe you're due for some namecalling. Anyway, about a week and a half ago I sold some more calls for May. They're likely to have all the lifespan of the mayfly and die utterly worthless in a couple of weeks.

Unfortunately, in all fairness to our most hated pos, the general market conditions are not helping. May and June will, imho, prove to be very boring. July will likely see a pop and I think we will see 30 -33 several times between now and then. Come October 1, 2000 this sorry excuse for an investment will likely break the 30 barrier once and for all (or until the next cpq management screw-up which should be first quarter in 2001). In the meantime i will continue to sell covered calls. If I'm still around october 1 I'll probably call up some additional patience from my innermost soul and go along for the october to december ride. After that we'll see what happens.

Enough of my own grandstanding - please share your thoughts. I'd love to hear what others think is likely to happen. Enquiring minds want to know.



To: rupert1 who wrote (81934)5/3/2000 9:20:00 PM
From: Captain Jack  Respond to of 97611
 
vic -- <<" that another two or three quarters won't fix">> That elusive NEXT QTR has been talked about for over a year now,, LOL!!
<<"They do not direct their anger at the company because they would be attacking their own
investment.">> Too bad as until the last 2 officers came on board I saw NOTHING to get excited about.
<<" the Bears case on COMPAQ has clearly won the day from February 1999 until today">> Their day is not yet over either,,,
<<"I still think it can exceed $50 before the end of January 2001">> I have a bridge to sell you before those guys in the white coats take you to Dizzy Land.. A short term spike to 35 is possible if it does not stay too long at the 25 range should it break through 27,, If it gets to that other place it used to love (22/23) you can forget much beyond 31/32 and still not sustain. So far 30 has made it a laughing stock,,, maybe Carly can help MC???
<<" if some of the promised
reforms are delivered with panache.">> One would expect the law of avgs to kick in at some point,,