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

To: Elwood P. Dowd who wrote (58211)	4/16/1999 4:23:00 PM
From: P P Bravo	Read Replies (2) \| Respond to of 97611

El: CPQ doesn't have to be dead money for the next few quarters. Write calls against your position. As of late this pm the July 25 calls were going for about 2 1/8. That is not a bad three-month return based on the stock's current price. As for all of those people who keep on repeating that CPQ is dead money, I wish they had said so a few weeks ago! At the very least they should suggest where we should be putting our money; where would our money be assured of growing with the markets at current levels. I guess I'm experiencing your same frustrations. PPB

To: Elwood P. Dowd who wrote (58211)	4/16/1999 4:25:00 PM
From: QuentR	Read Replies (2) \| Respond to of 97611

El, We were at the same point last year and got out of it. Last year there was little hope of getting on track until the 4th quarter. Compaq may look good as all the money rushes out of other stocks in the market. Anything can happen. I do share your concerns. At least we did not loose anything today. I-Watch showed institutional buying interest at 52M, selling at around 16M with about 5M ending up in the volume. Looked like institutional buying participated in a very small short rally from 10 to 10:30 when the stock went from 23 3/8 to 23 3/4, and buyer interest was bidding up. thomsoninvest.net