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

To: freeus who wrote (9711)	11/26/1997 8:59:00 PM
From: chirodoc	Respond to of 97611

<<<<<Please chirodoc put it on your calendar to tell me that at least once a week ........i try to force myself to purchase 75% of my portfolio as holds for 1-2 years minimum. i force myself not to sell unless the sector is going down the tubes for good reason. for example, i am not selling the oil drillers until i am convinced that the price of oil will drop to say $15 per barrel. ........i also try to buy sectors that have the future built into them. for example, i own cisco, checkfree, and a few other internet, computer, and oil stocks. in the long run there will be less oil, more internet use, and more need for computers. so, if i miss the peak and it drops i now i just need to hang on. .......buying momentum stocks short term is tough if you miss the top, it drops, and you are stuck with a dog. ......as for cpq, i see the low cost computer being a big deal in asia, u.s., and latin america. cpq is presently the world leader in low cost computers. at the same time their purchase of tandem means they are also a little like ibm and could turn into a big service/industrial seller as the industry moves away from unix to NT. ......the trend is your friend. hold the winners--sell the dogs!