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


To: peacelover who wrote (18718)3/1/1998 10:36:00 PM
From: Eddie Kim  Read Replies (2) | Respond to of 97611
 
Peacelover,

I've been accumulating CPQ for the past several days now. My average price is probably $33-34 (I also have some holding that I bought last summer at $20/share). People are concerned it might go back in the high 20's. It might. Who really knows; however, when I look at CPQ objectively, it's easy to see that CPQ is underpriced. When DELL was in the 80's earlier this year, it was obvious that it was underpriced. Look at where DELL is now. I don't know what CPQ will do in the near future, yet given what Compaq has going for it, I am confident that I'll be eventually swimming in cash.

People, this whole Internet craze is all fine and dandy, yet sometimes we get too paranoid due to all the information that we read. This paranoia hinders our ability to rationally see what is so painfully obvious. Compaq is a great company. Period.

-Eddie