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


To: CCWriter who wrote (30791)8/11/1998 3:22:00 PM
From: MarkM  Read Replies (2) | Respond to of 97611
 
Sold @ 33.75 yesterday as I foresaw the Asian re-emergence. Tried to buy back at 33 at delightful market open today, BUT COULDN'T! ALL LINES TIED UP TO MY DISCOUNT BROKER. Ended up watching CPQ slowly rise. Bought back in @ $33+9/16 and made $17 AFTER ALL COMMISSIONS. So I'm going out for a big fat $17 US lunch and have a good laugh.

Lesson to be learned: CPQ is very strong right now. Goldman Sachs was right in their analysis when they said that downside support will be strong and upside surprise potential is good. Generally speaking I am going to be in, with only occasional outs.