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To: billwot who wrote (17868)2/26/1998 12:19:00 PM
From: Sonny McWilliams  Respond to of 27012
 
billwot. The Asian markets didn't do us much good this morning. You are right about US setting the trend at times. Not this morning though. Europe closed very strongly despite our slow opening.

Yes, I had to sell something. My margin is to the limit again. I am buying too much. gg. So I decided to sell CPQ to reap some profits. But like I told Luis, I would not have sold if it were not for my margin. I wanted to buy back under 32 and should have put an order in. But I sold very late and did not think that CPQ would drop over 2 points this morning. I was going to put my order in today. I, like you yesterday, was not at my cpt. when the market opened. I will def. go back into CPQ and wish I had seen that low price this morning. I just told Paul that there were those rumors again that CPQ was stuffing the channels last qtr in order to make their numbers. And Dec has this order out to their employees, even though I don't consider this a big deal. When you are looking forward to a merger you know that there will be layoffs, so why hire now? And it never hurts to tighten your belt when it comes to expenses. I guess DEC also did everything possible to have a good qtr last time. Anyway, I would like to get in no higher than 32 but who knows. In the meantime I reduced my margin.

Sonny