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

To: hpeace who wrote (10326)	12/5/1997 11:53:00 PM
From: Analog Kid	Read Replies (1) \| Respond to of 97611

My mind works off of what will drive the stock price higher or lower......that's how I make money on these stocks. Agreed that these cuts will not impact the Q in a negative way.......BUT perception is the key and it's perception that drives the stock price UNTIL you are proven correct in Jan. at earnings release. At that point FACT will drive the stock. The first thing people think about after price cuts is that it must impact margins. I know in this case it's just not true but again it's the perception. Does this make any sense to you????? I'm holding 100 each Jan. 75 and Apr. 85 calls looking to sell one position and exercise the other. So my motives are short term hoping to convert to long term early next year. Always enjoy your viewpoints.....