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

To: Roads End who wrote (48653)	2/17/1999 4:57:00 PM
From: Jimbo Cobb	Respond to of 97611

>> You forgot EPAY - 9.2% Yeah, but only down 4% from my entry point of 22 !!!!!!!!!!!!!!!!!!!!! please don't skew the numbers !!!! jajajajajajajajaja Jimbo.

To: Roads End who wrote (48653)	2/17/1999 5:04:00 PM
From: Edward E. Shure	Read Replies (2) \| Respond to of 97611

Victor et al Markets like today can/will be DELLeterious to one's portfolio; thank you Mikey. EES

To: Roads End who wrote (48653)	2/17/1999 7:04:00 PM
From: rupert1	Respond to of 97611

Steve: I'll take credit for your buy at $42 only if it opens up at $42 1/2 tomorrow. (Seriously, no matter how much it falls, $42 is a nice price). You asked about my "action" today. I almost bought - then asked myself how far did I think CPQ would go up before it headed down again - and I answered - "not far". So I switched everything off. It was not an easy decision. Now my question is how far will it go down before it heads up again. The answer is - "not far". So it will be difficult to just sit there tomorrow. A lot depends on the dynamics of the general market correction. It is not easy to read. My gut feeling is that until next week, at least, the market does not have a lot of fight, and any rallies will be feeble and temporary. I think DELL has further to go. So few commentators clarify the problem of the inflated p/e given the declining growth trend. But I think big money will continue to sell it off. If the market sells off 5% or more from here, then I think that will release a lot of buying energy. But CPQ could lose investors to other tech stocks which will have become very cheap and offer a quicker rebound than CPQ. I might be tempted to buy an EMC, LU, CSCO, for example. Theoretically, I would be happy to buy in the $40 range (as near as $40 as possible) but depending on the mood of the market I might be tempted to see if it breaks $40. I don't think anybody can predict with confidence - it has been so volatile.