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

To: uu who wrote (21807)3/14/1998 3:50:00 PM
From: PeterR1700  Respond to of 97611
 
Addi - ah, it was you. Glad to hear you did well with ELNK. Reminds me of a time (4 years ago) when I bought AOL. Sold in the 60's, made some dough...and now look. Yes, the greed thing. I'm pretty much 100% in the market, stuff that I've owned for awhile and being patient. CPQ is one of them...glad to hear you're still enthusiastic. Have you ever investigated Newbridge Networks (NN)?

Bye for now,
Peter



To: uu who wrote (21807)3/14/1998 4:30:00 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 97611
 
Addi,
I agree, CPQ has taken a beating. Tech stocks tend to over-correct, and, IMHO, CPQ has over-corrected. I also believe CPQ is close to the bottom. I suspect that Compaq management's warning, though serious, covered a bit more than their inventory problem. When they get the inventory cleared out and state that things look better in the future, CPQ should recover nicely.
Jack


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