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


To: Elwood P. Dowd who wrote (19563)3/5/1998 10:52:00 AM
From: robbie  Respond to of 97611
 
Stephen, good purchase! I'm upset because I tapped myself out buying more at 35 and 32. Even those purchases will look good this summer. Not as good as your 27+ though. Wish I could be buying today.

Robbie



To: Elwood P. Dowd who wrote (19563)3/5/1998 10:56:00 AM
From: Andreas  Respond to of 97611
 
Today is a great buying opportunity!!! I Picked up 2000 at 74 1/4 and will unload them $28 + I'll keep my core holdings and continue to write calls.

It is not all doom and gloom. I was one of those dummies that bought at $75.00 in september. However, I wrote covered calls and have been doing it since September/97. In doing so I have been able to get my average cost on my core holdings down to a tad below $30.00. Have also traded cpq with my none core holdings periodically for spreads of 3/8 to $1.00.

Good luck to all and don't get too worried. CPQ isn't going to stay in the dumper forever.



To: Elwood P. Dowd who wrote (19563)3/5/1998 11:02:00 AM
From: Roads End  Read Replies (2) | Respond to of 97611
 
stephen...like you I bought more today, long 26.5K shares. If you happened to hear the analyst ? Bankamerica/Robert Stevens this AM?
That is an analyst to pay attention to simply because of a broad understanding of the tech industry. Very well thought out.



To: Elwood P. Dowd who wrote (19563)3/5/1998 11:18:00 AM
From: Hugh W.  Respond to of 97611
 
Good for you Stephen, I already owned 6000 shares of CPQ. I cann't average down anymore.