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: Night Writer who wrote (23306)	3/24/1998 11:26:00 PM
From: Tech Master	Respond to of 97611

Night Writer- >>> I only hope to be above 30 by July on this on. <<< We will see 30 much sooner than that.... maybe 35 by July if CPQ has the surprises in store for us that I think it has.... You heard it here first... Tech Master

To: Night Writer who wrote (23306)	3/25/1998 3:43:00 AM
From: Mike Gordon	Respond to of 97611

Night Writer: Two primary indicators I consider to be fundamental to the momentum is the long bond under 6% and the inflow of IRA/401K savings into the funds. At these levels, it's difficult to see how a sustained bear run can exist. I don't see any changes in the future. In essence, there is a shortage of equities. I've been in mostly cash for the last 1000 points. The higher it goes, the harder it is to pull the trigger, which is affecting my overall returns. I wish you would have sold the CPQ Aril/May 25 puts Monday. I chose the more conservative route with the May 22.5s. I might move my position to the 25's if we see a pull back. I still feel buying calls is an invitation to disaster. Those funds stand around vendors at a SJ traffic light waiting to get rid of calls and puts. Have a good day today. Would have replied earlier, lost power last night. Mike