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


To: Joseph F. Hubel who wrote (56173)4/9/1999 10:19:00 AM
From: rupert1  Read Replies (1) | Respond to of 97611
 
Joseph: CPQ will not be a slow recovery - I think the first 30% will be quick. Sociologists use the word "relative deprivation" to describe your feelings. It's not so much how good or bad you are doing but how much better everybody else apears to be doing. The DELL triumphalism, makes COMPAQ holders feel worse than they would otherwise feel.

The only antidote I have for that, is to look at the advance-decline line for most of the last year. While it is true that you might have been in a quicker mover than CPQ, the statistcal probability is that you would have been in any one of the other 2,000 shares that declined, stalled, or moved up hardly at all.

You bought CPQ with foresight and you assume that had you not you would have bought other stocks which, with hindsight have been better performers.

One of the reasons to buy a stock like COMPAQ is that no matter how badly it or the market does, you will never lose your capital, unless you are on margn, and will alway recover and score decent returns over the long-term. Some of the other stocks you refer to cannot offer that. In return for the prospect of explosive growth, they also offer the prospect of real loss of capital. You pay a price for security.



To: Joseph F. Hubel who wrote (56173)4/9/1999 10:53:00 AM
From: Kenya AA  Read Replies (2) | Respond to of 97611
 
What you say is exactly the point.... TIME. Time and money lost..

Postulate 1: Knowledge is Power
Postulate 2: Time is Money

As every engineer knows:

Power = Work/Time

Since: Knowledge = Power

and Time = Money

Then: Knowledge = Work/Money

Solving for Money, we get:

Money = Work/Knowledge

Thus, as knowledge approaches zero, money approaches infinity

regardless of work done.

Conclusion: The less you know, the more you make.