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

To: John Koligman who wrote (21301)	3/10/1998 8:14:00 PM
From: Dulane U. Ponder	Read Replies (3) \| Respond to of 97611

Hello John, I second your sick feeling but see more downward pressure kicking cpq off its plateau and into thin air. Who is actually buying this stock now? If it is individuals, at least sometime in the future this could provide more stability to the downside for cpq. I'm holding this stock simply because I've lost any profits I may have had when it hit its recent high. I have a ten year outlook for THIS stock but I don't like what's happening now. Is cpq buying dec because it's conceding the retail market to dell? What do you think? You have made some good comments in the past. dulane

To: John Koligman who wrote (21301)	3/10/1998 8:34:00 PM
From: Mike Gordon	Respond to of 97611

<In addition Mike, I have this sick feeling that CPQ will stay flat with the DOW hitting 9000, but guess what happens when the DOW decides to correct 700 points...> John, You're right. I'm hoping that management (EP) will take some time to address his analyst and shareholders and turn this stock around. We pay him to maintain control of earnings and losses. CPQ is a leader in its field. I sold March 35 and 32.5 puts in the hope that I could buy CPQ at a discount and implement a CC program. This is the first time I've sold naked calls before taking position of the stock to protect my position. The market being up today shows you what I know about 'sick feelings'. I think I need to get a regular job. Mike Gordon