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


To: Dwight E. Karlsen who wrote (9385)11/23/1997 3:35:00 AM
From: ed  Respond to of 97611
 
Dwight:
You are right, just relax on the weekend, talk something interesting instead of CPQ everyday. We all know CPQ is not Yamachi
security, it will not disappear from here and will prosper for a long long time with the home multimedia era is comming, with the 1394 and fibre channel technologies push , the home multimedia era will say hello to
you even sooner (in 1998), this means every home needs at leat one pc to benefit from the new era.
Why everybody on this thread relax. We all know CPQ is a good company
, with profit growing and market shares and market of PC continues to expand fast, for the stock price to be $150 (befor split) is just a matter
of time , my personal feeling is before the end of June 1998.
We all know CPQ has appreciated quite a lot since the beginning of
this year, and it has to take a big break somewhere. Think about it this way, let's say there is no correction in OCT, and CPQ just kept its
fast rise, then what will be the stock price in Dec 1997 after the comming December ralley? $150? $200? So , just relax, and take a break with CPQ, when the time comes, you will be rewarded for your patience and far sighted. Greediness and impatience is the biggest enemy to
prevent people making money in the stock market.



To: Dwight E. Karlsen who wrote (9385)11/23/1997 9:23:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 97611
 
Ref:Yamaichi.
DK:The following was my response to someone on the Dell thread regarding Yamaichi. One good thing though is Japan will be closed Monday for some holiday or the other.Another interesting point is that the Japanese government seems unfazed by all this,so I do not know why we should be.Let's hope mass hysteria will not set off another round of mayhem in the market around the world.

The Yamaichi news was already out Friday(though not officially). In my modest opinion,the Japanese economic woes are a direct result of bad economic policies of the Japanese goverment and nothing more. It is not like the Japanese government is on the verge of bankruptcy, they just lack the political will to implement the necessary monetary and fiscal policies. They have plenty of money to rescue their own, it is one of the very few countries who run a surplus year in and year out and to top it all Japan is the largest creditor nation in the world.

Lastly, to alleviate your anxiety about the impending economic doom,I like to say that I heard the director of Japanese Economic Institute say the other day that the Yamaichi thing could do some modest amount of damage to the Japanese economy in general and he expect very little effect on the U.S economy because of it. Having said that,I like to say that I can not vouch for the general behaviour of the investing public here in the U.S,if everybody decide to panic and dump their stock in mass hysteria, you are on your own and I, on my own.