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

To: gordon rundle who wrote (19723)3/5/1998 5:08:00 PM
From: Adrew Thanh  Respond to of 97611
 
Totally agree. Just load up 5K on CPQ at 27 1/8. What a bargain price for the number computer company in the world.



To: gordon rundle who wrote (19723)3/5/1998 7:23:00 PM
From: Mike Gordon  Read Replies (1) | Respond to of 97611
 
Next two weeks are pre earnings announcements. MOT just pre announced. After hours trading according to CNBC at 51 to 53. I suspect minor impact tomorrow. Need to watch employment figures. This will be key with long bond at 6%+.

My biggest fear today is a pre earnings announcement on DEC or CPQ. Concerned about the influence of Asia on DEC.

Still in short put position at 35 and 32.5. Did cover with sale of CC's at 27.5 on one lot.

Mike Gordon


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