Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Night Writer who wrote (20183)	3/7/1998 12:05:00 AM
From: RANDY DAVIS	Read Replies (1) \| Respond to of 97611

Night Writer, Thought you were gone to bed. I appreciate your thoughts on this. I think we're right. Time will tell. Got to go to bed, also. Told my wife I was getting a drink of water. She's tired of me playing on this computer and doesn't understand it is work, also.

To: Night Writer who wrote (20183)	3/7/1998 8:10:00 AM
From: Mike Gordon	Read Replies (4) \| Respond to of 97611

THREAD Since last night I have read over 400 CPQ post. Except in two or three cases, most contributors concentrated on how they've been wronged. Lets see, we're quick to comment on bad management, the 'big guys' who run the funds, anxious to initiate class action law suits, compare CPQ to other companies which have completely different strategies, etc., I'd much rather see what we can do to bail ourselves out of this mess by initiating DAMAGE CONTROL. Everyone who has the capability of commenting on this thread must be considered at least a semi professional investor. If not, you should be using a full service broker. Listed below are considerations for next week: A. Recognize that the person who sold you CPQ was smarter than you are. B. Establish a repair strategy. Decide if you will continue to remain in CPQ. Determine if CPQ still has a future based on overall market conditions and fundamentals. Strongly consider the impact on CPQ if the market takes a 400+ point hit. When done, determine if this is an entry point where you can average into a new position? C. Supplement your position by looking at short puts or covered calls. Estimate when CPQ will be going back up. Look at the fundamentals. Look at the previous interest. 20Mil shares daily! Someone is doing their homework. D. Learn to identify with the market movers. Study their movements. If you are a member of SI, you should know how to research and network. While many on this thread have a dull pain in the pit of their stomachs which will ruin their weekend, consider this as a lesson learned by doing. Hope these kind of losses don't happen again. In summary do your research, establish a strategy by averaging down, enhance your position with short puts or covered calls, share your information with others on this thread, or completely sell out and go fishing. Mike Gordon