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

To: Jorge who wrote (8865)	11/12/1997 11:46:00 PM
From: Brian B. Cole	Read Replies (3) \| Respond to of 97611

The shorts are going to get their balls squeezed on thursday. Hong Kong is up over 2 % and Japan is up after being way down. Maybe.. just maybe we have leveled off..

To: Jorge who wrote (8865)	11/13/1997 8:00:00 AM
From: FANMAN	Respond to of 97611

I agree that technical indicators and history say we are near the bottom..maybe 55. Of course,if something happens which negatively impacts fundamentals e.g. DELL has disappointing earnings or negative forcast, a little lower(but not 42!!). I have started to accelerate CPQ share accumulation without margin. Since I don't believe CPQ will achieve new highs for some time, I am going to sell out-of money covered calls during mini-rallies. I sold NOV65's at 4 last week. Anybody else doing this?