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

To: James Cotton who wrote (21685)	3/13/1998 3:25:00 PM
From: Hugh W.	Read Replies (1) \| Respond to of 97611

James, how about push CPQ to penny stock or delist from NYSE.

To: James Cotton who wrote (21685)	3/13/1998 3:27:00 PM
From: Tim Wash	Read Replies (7) \| Respond to of 97611

Question for thread... what would you do? hello all, i have been following this thread for about 6 months... and now because of this 1 month trial have a chance to post. i am long CPQ 1600 shares (cost basis 32.5, fully margined). i believe that long term CPQ will be ok, however i am obviously dejected by the near term performance of CPQ... i have been considering different options, and would like to know what you all on the thread would do... 1) double down and buy an additional 1400 shares @25.5 , reducing my cost basis to 30, then write april 30 calls for 1/2 on all 3000 shares 2) buy an additional 1400 shares and write april 25 calls for $2 on those 1400 shares 3) sell 14 april 25 puts for $1 4) buy 1400 shares and try and day trade those shares for $1 or 1/2 whenever i can get it. 5) sit tight and do nothing or any other suggestions anyone else have?

To: James Cotton who wrote (21685)	3/13/1998 3:44:00 PM
From: IGL	Read Replies (1) \| Respond to of 97611

<<Too suave for their own good. Dont bullshit wall street. They tried and failed. Stock goes to 18 before 30>> I consider messages like this very positive for the upmove very soon. James, please short more, and more, and more. Please update us with your current position. I want to know how many shares you shorted and at what price. Why settle for $18? Gyus, we all should encorage James and others to take a short position. This is a garantee for a very fast upward move. Seriously, when CPQ reports 1 cent in profit this quarter, it's going up to $30 in no time. Their strategy is very, very smart. Only a strong company can afford such a strategy. Quarter is completely trashed, they are writing off everything they can into it, and still manage not to loose money. This is a very positive from WS prospective. All the bad news has been priced in already, WS is waiting for the quarter report to match with the warning in order to jump on board. igl