Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: KAD who wrote (22371)	3/18/1998 7:19:00 PM
From: Mike Gordon	Read Replies (1) \| Respond to of 97611

KAD: Thanks for response on 'math lesson'. After another 25 points today and CPQ up slightly, I couldn't take it anymore. I bailed out of the stock leaving CC's open and naked. If I'm correct, we might see 22.5 where it might be wise to consider short term puts. The market scares me at these levels, especially when I'm sitting on CPQ. I'm not confident that we know the complete story at this point. At least, they made two statements today, 1) lower prices even further on channel inventory, and 2) the DEC deal is not in trouble. What will happen tomorrow based on the later statement? I think most of us would prefer stock buy back. Mike