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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: MSB who wrote (14384)12/22/1997 12:02:00 AM
From: Grainne  Read Replies (1) | Respond to of 108807
 
I type about eighty words a minute, unless I am taking a typing test, during which I panic!!! How about you, MSB?

I hear what you are saying about averaging down with Compaq. It might be logical, but one of the things about Asia is that if they start protecting their own markets, Compaq is NOT going to be selling very many computers over there, AND if the United States moves towards a recession, not many, relatively speaking, will be sold over here, either. Most Americans who are early adaptors to technology are fully stocked with powerful computers. Most of the percentage of Americans who can afford to buy computers already has them, as well. Many of us are buying second computers, for children typically, but these are in the bargain mode to some degree. One study showed that most of the sub-$1,000 computers, for example, were being purchased as auxiliary computers by households who already have them.

My point, obviously, is that if a recession comes, I think there will be a HUGE slowdown in domestic computer sales. Already, the technology was advanced enough just recently that huge strides were not being made each year. This meant people who just bought computers in the last year or so do not need to upgrade almost every year like they did just a couple of years ago, to stay current with the technology. Once your computer can play CD's and interactive games, search the internet quickly and run all the software currently available easily, there is no innovation that will convince everyone to buy another one this year if people feel like a recession is coming.

There is nothing wrong with buying when everyone is selling--that's the way bargains are obtained. However, you might be looking at dead money for a very long time, years even. I just wonder if Compaq is THE best way to utilize your money at the moment. My broker is trying to educate me to choose just the very best stock. Unfortunately, since I already own all the not so good ones, it is hard making a comeback. And I bet if you wait, you can get Compaq even cheaper!!!!!! It's the bottom you want to buy at, to the degree that is possible, not on the way down.