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

To: Tim Wash who wrote (21687)	3/13/1998 3:41:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 97611

Margined full you say, how are you going to do #2 then ? I definitely would not. If not for margin then yes I would consider doubling position at the appropriate price, I don't think its appropriate yet. #5 if you can, if margin isn't killing you. there seems to be plenty of time, next 2 earnings are supposed to be zero and flat. good luck and thanks you cheered me up, my position isn't so bad in comparison. jim

To: Tim Wash who wrote (21687)	3/13/1998 3:41:00 PM
From: Hugh W.	Respond to of 97611

How much it will cost you to sell 16 VKPAF and buy 14 CPQDE and buy 16 CPQNE?

To: Tim Wash who wrote (21687)	3/13/1998 4:32:00 PM
From: VincentTH	Respond to of 97611

Tim How about this double-down alternative: For the money that you'd spend on 1400 shares, how about 32 LKPAC @$13 ea, then sell 48 CPQDF? Here is you net cost calculation: Cost Basis: (32.5 + 2*(13+15))/3 = 29.5 Sell 48 CPQDF for 5/16 to reduce you net cost to around 29.25 or sell 48 CPQGF to reduce your net cost to 28.

To: Tim Wash who wrote (21687)	3/13/1998 7:32:00 PM
From: Loki	Respond to of 97611

Tim...Reduce Margin...then #5 Since we do not know your financial position, investment, horizon, etc. it is difficult to tailor an answer suited to you. Look at the messages on thread, watch CNBC, and read investing publications. They vary so much in their view of how CPQ stock or the market will perform. Possibly a diversified portfolio can best withstand an uncertain environment. Good Fortune. Loki

To: Tim Wash who wrote (21687)	3/14/1998 6:24:00 AM
From: Mike Gordon	Read Replies (1) \| Respond to of 97611

Tim: <i am long CPQ 1600 shares (cost basis 32.5, fully margined).---- i am long CPQ 1600 shares (cost basis 32.5, fully margined).> A conserative approach would be: 1) See if CPQ breaks 25, if so, sell 22.5 puts when stock goes to 24. 2) Continue to sell near term covered calls on what you have and see if stock goes to 24. 3) Sell holdings, and sell 20 puts at either 25 or 22.5 near term. Mike Gordon

To: Tim Wash who wrote (21687)	3/14/1998 12:07:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 97611

Tim; for the time I'm sitting tight on my long position, and I'm not margined. Will be buying Jan00 25 leaps Monday or Tuesday no matter which way she moves, but will keep some dry powder to double up on them if she latter moves down. If she moves up I will increase my long position with stock. ------------------------- As with any thing in the teck sector it is so volatil that you need to look ahead , like driving down a freeway..you got to keep your eyes up ahead, and not be watching and focused on all the bugs that hit the windsheild. ------------------------------ Don't buy a stock unless you see some basic reason it can really grow in the future, or you want the safty of a dividend, or what ever..but keep in mind the original reason you thought the stock , was a good buy. ( hopefully not just because it had up momentum ) what ever the reason was unless that reason changes and it loses credit then stay the course. ------------------------------- No matter what I read on SI..and damm little of what I see the news pundits writing will alter my reason for going long on CPQ. What I see down the road is a 500% upside in 4 years, untill something happens that changes that I'll stay long and strong, and ignor the bugs on the windsheild. So far I still got plenty of gas in the gas tank and any bears better be aware that I'm not the only one. If she goes to 22 I'l put even more pedal to the metal, it's that simple. ------------------------ In 96 I went from 18 all the way down to 10.25 on AMD and doubled up 4 times as she never lost her original reason for my buying, my average was 12.50 when she started up. My only mistake was I got out at a double and could have made a triple easy. ------------------------- Hope you can take heart from this, and being I don't want to argue with a bunch of shorts that I consider short sighted and shallow minded I will not state the reasons I'm so strong on her because , I also know most of them can't even take the back of a computer and if they do they don't know one chip from another <g> I have at times had to fix and set up my brokers computer and it puzzels me how they can know so little about technoligy yet issue recomemdations. I went through that with AMD in 96..and it did not change my mind or theirs. I won. ( but AMD is not a buy right now in my mind ..just a hold if you already have her target about 24 ) CPQ is going to kickass or sink into the quicksand, we won't know for 6 months. That's the differance between me and the die hard bears, I can say I don't know right now but that the upside is well worth the risk. Jim