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

To: Richie who wrote (43132)	1/11/1999 9:09:00 PM
From: Elwood P. Dowd	Read Replies (2) \| Respond to of 97611

Richie............ I haven't seen rudedog. He may be hiding out in his garage with a bottle of scotch. He made a bundle today, so I'm certain he's celebrating somewhere. El

To: Richie who wrote (43132)	1/11/1999 9:51:00 PM
From: Loki	Read Replies (1) \| Respond to of 97611

Richie...How true on YHOO and AMZN. Except AMZN doesn't even have a PE of 2000 yet. No E,....only P! If AMZN stock dropped 95% it would still be overvalued. The stock price is a gamble were one "investor" hopes to find someone willing to pay more than they paid. If the people know when to buy and when to sell internets,... and which ones...they know more than I,...or...have a higher risk tolerance. I can never be upset about not owning internet stocks. 1. Had I been in them...I would have sold long ago 2. The higher the price now the more overvalued they are It is however, interesting (with some dismay) to see such a rotation from quality companies with earnings...to internet stocks. As for PC's becoming commodities... Similar to TV's or automobiles? Many companies diversified and many companies disappeared through consolidation and competition. It was of long term benefit for CPQ to diversify. Where will Packard Bell and GTW be in several years? Loki