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


To: Bazmataz who wrote (12324)12/30/1997 4:53:00 PM
From: robbie  Read Replies (1) | Respond to of 97611
 
Barry,

I agree with your well stated points.

<<After all, Wall Street is one place where even though you may be the only one who's right, you can still get screwed by those who are wrong. Even if they are ALL wrong, they're the one's with the selling (or buying) power to change stock prices, not us. Our being right means nothing to the price. We can only hope to make money predicting what others (right or wrong) will do.>>

I do think that, as longs, we can take comfort in knowing that long term, a company's stock price will fairly reflect its underlying fundamentals. So if we are right, and hang in there, we will ultimately be rewarded. I know I have been with this company.

Best regards,
Robbie



To: Bazmataz who wrote (12324)12/30/1997 5:14:00 PM
From: Lucinos  Read Replies (1) | Respond to of 97611
 
It only took 20 min to drop one dollar. Gee, in this momentum
it can push the price of CPQ down to zero in three days.
I guess some big guys are selling and they want to make the
chart looks as ugly as possible.

P.L.