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


To: billwot who wrote (22523)3/19/1998 12:31:00 AM
From: Kashish King  Respond to of 97611
 
Right, that's why your line of credit (read: margin account) adjusts as your stocks rise and fall. Would they be impressed with how much you've invested? Probably not, but they would certainly view a large number of shares as significant. If you plan on being a net buyer of stocks over the next 3 to 5 years you should welcome the opportunity to buy more at a reasonable multiple. If your goal was to get out of equities right away then, yeah, you kinda messed up with CPQ. Sadly, or gladly as the case may be, CPQ is going to rebound quickly and at that time you will be doing the could'a, should'a, would'a shuffle all over again.



To: billwot who wrote (22523)3/19/1998 1:03:00 AM
From: Kashish King  Read Replies (1) | Respond to of 97611
 
Theoretically, one could ensure that they never lost money in the market simply by choosing never to sell.

That's not a theory, it's a fact. Obviously not with one stock but even in a mildly diversified portfolio you would in fact never have lost a dime (including those who bought on October 23, 1929 the day before Black Thursday) had you never sold a share. If you don't think CPQ is going to recover then by all means bail, I think you'll be kicking yourself later on as so often happens in these situations.