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

To: John Curtis who wrote (19658)	3/5/1998 3:32:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 97611

You do have a point. I remember the COMS thread last spring when COMS went from around 80 in the winter of 1996 down to 24 in the spring of 1997. When it dropped into the 20's, the thread reeked of desperation, margin calls, etc. At that point, COMS promptly turned on a dime and went back to around 60 about 3 months later. That said, I have to admit that 5%-6% down EVERY day does get to one.... John In retrospect, we should have all just bought AOL and Kmart, two sterling performers lately!

To: John Curtis who wrote (19658)	3/5/1998 5:25:00 PM
From: Upstater	Read Replies (2) \| Respond to of 97611

Read and Reread the Herbie G. column in the Street.com. It could get much worse for Compaq. Yes, I am short, and yes I am crazy for not covering today--thank you. But with conferences coming up, the possibility of a CPQ warning, a CPQ crash and burn is too tempting. I can see 23 to be somewhat of a possibility and worse case even 21. My only concern is a rally that would take us back to 31 where I shorted. Nonetheless, posters on AOL's Fool board have the inside scoop about the CFO being called out of a meeting. Last I heard of something similar happening, CYMI's honcho got called out of a conference... 60 points later...here we are