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Technology Stocks : Compaq
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To: Y. Samuel Arai who wrote (11115)12/12/1997 4:26:00 PM
From: jim A   of 97611
 
Y.S.A. There is downward pressure on almost all big-cap tech stocks.
Look at CSCO, TXN,INTC,IBM etc.
Tech are bleeding, and the question is how far do we go.
My take is that the market could retest the lows of Oct. 24/25
(NASDAQ 1450 and likely lower, and DOW of ~7100-7200) before we
see the next significant upside.
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