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

To: Diamond Jim who wrote (23814)4/2/1998 7:29:00 PM
From: KHUL  Read Replies (3) | Respond to of 97611
 
James...And I beg the thread to comment...

Richie asks, (and I assume he was hoping he would get a responsible response)...

Richie: "im 12 years old and i got $800. is cpq a good buy for me?"

James: "You are too young to gamble."

Is this honestly all the advice you could find in you for a little 12 year old kid?



To: Diamond Jim who wrote (23814)4/3/1998 12:20:00 AM
From: ed  Read Replies (2) | Respond to of 97611
 
I would say you are too old to gamble. Being 12 years old , Alex has a lot of
time. Time is money. If you buy 100 shares of MSFT 10 years ago, it is now worth more than
three millions, so being 12 years of age, alex can hold his CPQ for at least 60 years,
so, do your calculation. The older you are, the risky it is for you to gamble, since your time to hold the stocks is limitted.


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