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

To: Elwood P. Dowd who wrote (20338)	3/7/1998 2:36:00 PM
From: M CAHILL	Respond to of 97611

I glad the news is bad with CPQ and INTEL because, they are not in my portfolio now. Now they will oversale bounce up a little and maybe trade in a sideways for a while before going back up. I may buy them back someday but only when I'm ready. I am glad TD Toronto Dominion is in my portfolio because only about a hundred institutions own now. Downside risk is minimal. Upside great. They own the fourth largest discount brokerage in the US (Waterhouse). The largest in Engand, and Australia, etc. and these parts of the business are excellerating earnings alot. The discount brokerage business is doubling each year. CPQ was suppose to earn 35 cents and didn't. TD reported 95 cents. CPQ priced around 25 and falling TD priced at 42 and rising. DELL PE 50 CPQ PE 20 something TD PE 7 Like William O'Neil says there are no good stocks. Period. The only good stock is one that goes up. Now CPQ is trending down. I may sale DELL one day and buy it back the next. CPQ is not one of those.