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Technology Stocks : Compaq

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To: Night Writer who wrote (74419)12/22/1999 12:50:00 PM
From: MeDroogies   of 97611
 
I don't see the current downdraft as resistance. It is an overall market swoon. AOL, GE, etc....all the majors are taking a hit.
Looks like the heady GDP #'s have scared investors into thinking Greenspan is going to tighten at the first chance. I doubt it. When the #'s come in next month are lighter than expected, Al is going to continue to diddle.

In the meantime, CPQ continues to look pretty good, despite the pullback. Expect buying to begin in 1-2 hours.
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