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

To: Dulane U. Ponder who wrote (21621)	3/13/1998 8:58:00 AM
From: NoPainNoGain	Read Replies (1) \| Respond to of 97611

Dulane, yes the Houston manufacturing site shutdown for two weeks starting Mar. 25th is certain. It's happened before in the past (last time in 1996), so employee morale is basically okay. Actually, it's CPQ stock price that tends to drive employee morale as much or more than any thing, if I had to guess. And since this move is intended to help fix that problem then it's okay basically. This move only affects employees in manufacturing. E.H.F., in answer to your question, yes, CPQ's earnings warning did take me by surprise. However, as Hpeace (Steve) is so fond of saying, this is the 32 time CPQ has tanked by 20% or more. I've worked at CPQ 11 years now, and if it's not one thing it's another. So no surprise for me there on that part, the only suprise was just the particular reason this time. Wall Street will always find a reason to dock CPQ stock, but sooner or later the stock has always come roaring back in a big way. I share Hpeace's enternal optimism in that regard. I've been through this so many times before until I don't really even pay attention to the perpetual pullbacks anymore, expect to use them as an opportunity to buy more stock <g>. In fact, I've gotten so jaded now that I don't even buy CPQ during upticks, I wait until the inevitable major pullbacks and then pile in all my accumulated $$$ at once. Leads to huge gains on the inevitable upticks :-) I think the stock has gone up something like 1000% percent over the last 6-7 years. That's not the best return out there, but it beats the vast majority and it's the one I have access to through my 401k so I'll take it :-)