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

To: van wang who wrote (22598)	3/19/1998 4:09:00 PM
From: James F. Hopkins	Respond to of 97611

Van; Back in AUG "before" ORCL drop AGE was pushing it to..that's not the reason I left A.G.E..I left them because I got much cheaper rates now. But I remember back in 96 they seemed to frown on me when I was buying AMD as she fell..latter after she went back up almost 50% they put a buy on her. It's not unusual for A.G.E. to be wrong about something. As I'm an ex client, and have worked on some of the brokers computers. I will say they were good to me , at least the ones I dealt with, and often cut their own part of the commission to give me a break, but that was sort of quid pro quo for some personal computer work, during which times they often explained some things that they don't normally tell clients. I have no problems with A.G.E..I just get better commissions now, I'm still on a first name basis with several of the brokers and you just reminded me maybe I should give them a call. BTW after the AMD thingy they were asking my advise on tech issues..( the local ones )..and I got them out of ORCL before her big drop. The main office had a buy on her when she was $40 , they down graded at 22, And I called the bottom at $18 not exact but well close any way . There are some things I like about A.G.E..but they don't seem to be very swift on tech issues. Most other stuff they do darn good. ( except mutual funds ) I have to add that..they mainly push the AIM funds..and I can show you a lot of Funds that do better than the AIM family..which by the way hits you for a healthy front end charge. Were did you get this "they were calling clients telling them to reduce, " I have my doubts about that being true. AS it would be most unusual and in fact if not asked , could get them in serious troble.. They are real strick about unsolicted calls buying or selling I'l check it out, if so it won't be the first mistake they made. Considering the legal problems you may want to check your sourse of information..for A.G.E. to do this is not just unusual, it's unheard of..some one could get in deep kimshi. They can make a recomendation like that public..but to call clients..no way, but if it happend the broker that did it could wind up looking for a job..and if any one sold on that, and she went up..A.G.E. could get taken to court.., BTW I record all phone conversations with brokers..( that's legal you know ). Jim I started recording after a sell order I placed one time, didn't get placed..it was a market order too..and when I called the next day..and found I still owned the stock I was a bit upset. ------------------ Being I now e-trade most of the time I don't have that kind of problem. But I have a recorder by my phone and it's on if I call the broker. I don't make any secret about it either. ------------ Jim

To: van wang who wrote (22598)	3/19/1998 4:44:00 PM
From: Chris McConnel	Read Replies (1) \| Respond to of 97611

AG Edwards, huhn. Bought some July 22.5 Puts Tuesday to hedge my LEAP Calls, day after reading Salomon bearish report on 2nd quarter. Just not sure where this puppy is going short term, wanted to be on the safe side. Feel CPQ is great company to own, it's just a matter of establishing a time frame and factoring in DEC's assets. Now, need to decide where to sell those puts. If it goes to 20, then the gain on the puts would cover the cost on all the calls, so that will probably be my magic point. Good luck on you short position. - Chris