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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (18979)	12/18/1998 9:01:00 PM
From: go4it	Respond to of 70458

X, I'm new to the thread and probably have no idea what I am talking about but I would recommend watching CPQ to pull back to the $39 1/4 range.

To: xcr600 who wrote (18979)	12/20/1998 11:52:00 AM
From: xcr600	Read Replies (3) \| Respond to of 70458

Thread- A coworker of mine has $2500 to invest. He is looking for a cheap stock (something he can buy 100shares of) to invest in. His girlfriend got him into Navarre at 18, and he's not happy. He wants something that won't be a rollercoaster ride like NAVR is. I've been considering IFMX for him. Should be a good turnaround story. And he can get 300 shares as well. Or maybe FHT or CPU at these low levels. Any other thoughts or recommendations? (he doesn't want to trade the position, hold for a year.) Thanks all x

To: xcr600 who wrote (18979)	12/20/1998 9:56:00 PM
From: Clint E.	Respond to of 70458

Hi X. You are not the only person who thinks YHOO is destined to move higher to keep up with AMZN. I was told the same by two other people. I have some thoughts about two possible scenarios for yhoo in the next few weeks but I rather not discuss them in response to your question because this is a volatile stock and I don't want to influence your trading. On CPQ, I was asked a few months ago. I liked it in high 20s as a long-term buy based on having invested in the company on & off since 1988 and therefore knowing that every couple of years the stock takes a hit but has always managed to come back. Now at $42, my average knowledge of the PC industry and CPQ's past history is not sufficient to decide if it is the next DELL as far as stock performance. I suggest you probe the CPQ or DELL threads, find out who knows the most and is biased the least, and ask that person. Make sure you don't ask a phony. As far as your coworker's $2500 investing money, with his limited money, timing and stock selection is even more crucial since he cannot average down. I would strongly advise against IFMX, a stock that I owned in the fall of 95. A long-term investor should not invest in an underperforming stock unless he or she knows something about the company that others don't. I would rather see him buy less then 100 shares of a strong stock than a few hundred shares of a weak stock. ERICY could provide a good buying opportunity for him in the coming weeks if not months. If I were him, I would wait a while. Clint