Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Koligman who wrote (47020)	2/5/1999 12:00:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

John: I will be ready to jump back into CPQ, too, if I become convinced of an upward trend. It is only a question of when, not if. I noticed your interest in the oils and oil services. I have been keeping an eye on them. Your argument seems to be that international economic recovery will stimulate demand - the same argument that can be made for copper, steel and other commodities. The rising price of the underlying commodities will be foreshadowed in the share price. Presumably oil service companies will increase revenues before the oil companies. I was put into SLB by Merrill Lynch a couple of years ago. I held it for a long time and it hardly budged. Yes, it did rise appreciably many months after I disposed of it. It all seems to be in the timing. I actually like copper. I noticed that AR held its gains on JP Morgan's recommendation yesterday. Uually commodites, including paper, surge towards the end of an economic cycle. This cycle may not end with a recession but the same rules apply. Are you trading LSI and have you ditched it - are you looking at $21 as a re-entry point. Notice the carnage at CRUS. Down to $8 again. The only apprent factor is that one fab ha been sold to Lucent but the terms will not be announced yet; the other fab is proving more difficult, progress has been made but no deal and it may cost them more than the charge already provided for. What about financials - regional banks? I noticed that Argus has just added Fleet which was also recommended by a few brokerage houses recently.