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

To: James F. Hopkins who wrote (22761)	3/20/1998 8:41:00 PM
From: Elwood P. Dowd	Read Replies (3) \| Respond to of 97611

Jim...shorts are just money in the bank for the longs. We suffer now, but when the good news comes, and it will, CPQ will be upgraded, the shares will become attractive to long term investors, momentum players, and fund managers and the shorts will scurry like rats to cover, giving everything back that they took earlier. stephen

To: James F. Hopkins who wrote (22761)	3/20/1998 8:59:00 PM
From: robbie	Respond to of 97611

Jim, stephen and all: Here's a little something for everyone to think about: If you had bought CPQ when it was 25 in 1991, which was the HIGH before the stock crashed, you have it at 230+ today. This is accounting for 2-1 split in '94, and 5-2 and 2-1 splits in '97/'98. This is UP 820% from the pre-crash HIGH. Equating to buying at '97 high of 40 and if this process is repeated, you get a stock price of about 328 in 2005. This is if you were unlucky enough to buy at the high! I won't even calculate what you would have made buying at the low back in '92 or what that equates to if CPQ comes back as strong as that crash. I know times have changed but this is still one of the greatest companies in the world. I'm sure those who bought at 7 in '92 (like hpeace) were scoffed at as bad or worse as the bulls are being scoffed at today. Just wanted to get that off my chest. Robbie