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


To: P.T.Burnem who wrote (8216)10/30/1997 3:08:00 PM
From: Mohan Marette  Respond to of 97611
 
Yes I am long on CPQ and yes I am glad durable goods orders are down a bit (it is not down and out,then i would be worried), but I doubt PCs come under the general description of durable goods.I could be wrong, but I am still of the opinion, a bit of slow down in durable goods is good for the economy, as we can not sustain an overheated economy in any decent length of time,and in my humble opinion a slow and lengthy economic expansion is better than a brisk and quick economic growth as it normally tend to be transient and short lived and you should know what follows is not going to be pretty.