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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: SteveDavis who wrote (7235)	1/26/1999 10:18:00 PM
From: Thomas Sterner	Read Replies (3) \| Respond to of 43080

CPQ I don't recall ever being so undecided as to whether to sell a stock or not as I was today with CPQ. When I realized there were large sells at 50, I started leaning toward selling. When Bong posted the following article, I leaned a little further. Message 7492256 So I did something very unscientific and called every retailer in my area who sells CPQ products and asked about inventory and availability. They all said there was plenty of inventory. So, I sold it figuring I can always get back in later. I made a decent profit and I protected the profit. If it gaps up tomorrow, breaks 50 and keeps running I don't care. I made a profit and protected it. Tom

To: SteveDavis who wrote (7235)	1/26/1999 10:41:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 43080

>>CPQ Good point. I truly believe that CPQ "backed in" to this AV situation. When the deal with Digital was agreed upon I do not remember any mention whatsoever of the AV site. I think just in the last 3/4 months have they started to put together a formula after seeing what other Nets were doing and the valuation being placed on them.<< Yea but CPQ is a 100 bil company while the others were like 100 mil company. It is very easy to run up a 100 mil to a 1000 mil company. But try running up a 100 bil to 200 bil company. I do not think large caps are going to run very far on their internet strategies. I mean DELL has more sales online per day than all these other net companies combined. Also CPQ has I think 1 bil shares outstanding. If they give 1 share of Alta vista for each share of CPQ and the IPO goes for $10, You are taking 10 bil for a search engine. You want to see a bull trap, Here is a bull trap. Large caps run with the funds, not people who want to sell their 20 year old quadphonic speakers for a few bucks on EBay. I am not saying dont buy CPQ, what I am saying is dont buy CPQ because the others ran very far and high. CPQ is a great company itself and their fortunes are not going to be due to a small IPO. I think Yahoo uses the Alta Vista engine now too.