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

To: rupert1 who wrote (40712)	12/21/1998 8:00:00 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

victor.... trading looks sooooooo easy, but I never do better than I woulda if I'd simply held on. El

To: rupert1 who wrote (40712)	12/21/1998 8:35:00 PM
From: trouthead	Read Replies (1) \| Respond to of 97611

Victor and Elwood, I am certainly no genuis when it comes to stocks, but I think the question is one of style and confidence. For me, personally, I do not think I will be able to time it just right. I would love to sell on the rise and buy on the dip, but I have no idea when those are coming until after they have passed me by. Some seem to have a good handle on this and can do it for good profit. More power to them. So, Elwood, the question for you is what do you feel confident doing? Can you time it? And sleep well? Because a sleepy investor will miss the opportunity. I think CPQ is going to have a great year. DEC/Tandem integration creates a new and expanded business horizon. Increased spending for Y2K and most importantly a scrutinized bottom line. They burned themselves and their investors badly over the last 18 months by stumbling. I am betting they won't let that happen again...Well at least not any time soon. Soooo, I am not going to sell. I am going to add to my position as my meager salary allows and will be very happy with my 100% gain on CPQ in the year of our lord 99.<GGGGGG> Happy Holidays and happy Investing. jb

To: rupert1 who wrote (40712)	12/22/1998 6:55:00 AM
From: Aitch	Respond to of 97611

Hi Victor, I only had one perfect trade, in and out of CFON over a period of twenty minutes or so for a quick 26.5% gain. Wish I could do that every day. I have traded CPQ about four times over the last 18 months and done reasonably well. (About 119% up for the period. Looks good from a percentage point of view, from a dollar point of view, not big <g>). I have decided, based on fundamentals, CPQ's vision/goal and the state of the IT industry, to sit on my small shareholding. No more trades. Long term hold. Hopefully this will form the basis of a large investment portfolio for my and my families future. My current strategy is to look at stocks that are driving/supporting the Internet without looking at the actual Internet companies. So, stocks like CSCO, LU, BRCM, ATHM... All from a medium to long term hold point of view. I don't sleep well at night when I trade too much <g> H